When long-run average cost decreases as output increases, there are definitely I. increasing marginal returns. II. economies of scale

If a country's Gini coefficient had a value of one, this means:

a. the country has a perfectly even distribution of income. b. income is fairly evenly distributed across the country. c. income is fairly uneven across the country. d. all the income in the country goes to one person.

Other things being equal, the effects of an increase in the price of crackers on the market for soup is represented by a(n):

a. downward movement along the demand curve for soup. b. upward movement along the demand curve for soup. c. rightward shift in the demand curve for soup. d. leftward shift in the demand curve for soup.