Which of the following will cause the demand curve for beer to shift right?

A) a fall in the price of beer
B) a fall in average incomes of beer consumers
C) a decline in population
D) a successful advertising campaign linking beer consumption to lower cholesterol

D

Economics

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Given the total cost and total revenue curves in the figure above, what is the profit-maximizing output level?

A) 30,000 bushels B) 60,000 bushels C) 80,000 bushels D) All output levels occur between 30,000 and 80,000 bushels are profit-maximizing output levels.

Economics

Which of the following goods has the property of rivalry?

A) national defense B) a highway C) air to breath D) an outdoor movie screening

Economics