Market spreads usually range from ___ on large contracts to ___ on small contracts.

The vertical distance between the horizontal axis and any point on a perfect competitor's demand curve measures

A) total cost. B) total revenues. C) product price, marginal revenue, and average revenue. D) supply curve for the product.

The economy was initially in equilibrium at point 3 and interest rates increased by 4 percentage points because of government deficit financing. The public spending, however, improves business confidence and activity that exactly offsets the potential crowding-out effect. This situation would result in a new equilibrium at point:

Refer to the above graph.
A. 2

B. 3

C. 4

D. 5