Which of the following is true of a competitive price-searcher firm when the market is in a long-run equilibrium?

Refer to Table 4.2. With which scenario will you be indifferent about investing in either U.S. or Japanese bonds?

A) A B) B C) C D) D

For inferior goods, demand will fall when

A. price increases. B. price decreases. C. income decreases. D. income increases.