Exhibit 8-15 Short-run cost curves for E-Z Care lawn mowing company
In Exhibit 8-15, what market price would cause E-Z-Care to just break even?

In the above figure, what is the marginal social benefit of the four-hundredth pretzel?

A) $0 B) $2.00 C) $3.00 D) $4.00

Joey's lawncutting service recently traded in its push mowers for gasoline-powered mowers. Joey still requires one worker per lawnmower; however, more grass is now cut in the same amount of time as before. This is an example of

A) labor-saving technical change. B) non-neutral technical change. C) neutral technical change. D) organizational change.