Recall the Application about the price competition between satellite and cable TV services to answer the following question(s).Recall the Application. In most cases where satellite TV service is introduced in an area with cable TV service, if the price of cable TV increases, then consumer surplus (in the cable TV market) usually:

Which of the following is a government expenditure, but is not a government purchase?

A) The federal government pays out an unemployment insurance claim. B) The federal government buys a Humvee. C) The federal government pays the salary of an FBI agent. D) The Federal government pays to support research on AIDS.

The law of diminishing returns states that: a. as additional increments of resources are added to producing a good or service, the marginal benefit from those additional increments will increase. b. as society moves from one choice to another, the production of physical capital declines. c. it is impossible to get more of one good without giving up some amount of the other good

d. as additional increments of resources are added to producing a good or service, the marginal benefit from those additional increments will decline.