Refer to the information provided in Figure 7.10 below to answer the question(s) that follow.  Figure 7.10Refer to Figure 7.10. The slope of the isocost line (in absolute value) is

The "big tradeoff" refers to the tradeoff between

A) work and leisure. B) equity and efficiency. C) public goods and private goods. D) taxes and transfers.

An example of moral hazard is

a. people drive as carefully in icy conditions with antilock brakes as without b. people drive less safely with more airbags as without c. football players avoid 'spearing' with their heads even with safer helmets d. people read the medicine warnings as carefully when self-medicating versus with a doctor's prescription