Crowding out refers to the effect that deficits have on private investment spending

If the relative price of S were to rise, then an individual's indifference curve would rotate toward the T axis

Indicate whether the statement is true or false

Assume a perfectly competitive firm's short-run cost is TC = 100 + 160Q + 3Q2. If the market price is $196, what should it do?

A) produce 5 units and continue operating B) produce 6 units and continue operating C) produce zero units (i.e., shut down) D) Cannot be determined from the above information