Suppose a jar of orange marmalade that is ultimately sold to a customer at The Corner Store is produced by the following production process:  Name of CompanyRevenuesCost of Purchased InputsCitrus Growers Inc.$0.750Florida Jam Company$2.00$0.75The Corner Store$2.50$2.00 What is the sum of the value added of all the firms?

If a firm sells more than the break-even quantity,

a. It will make a profit b. It will only cover the variable costs c. It will make a loss d. A firm is unable to sell above the break-even quantity

In the above figure, the economy would most likely move from AD1 to AD2 because of

A. an aggregate supply shock. B. a depression. C. a recession. D. an aggregate demand shock.