Referring to Table 12.2, if the nominal interest rate is 9.5 percent and there is no inflation, which investments will be undertaken?

At a given rate of output, marginal cost equals the slope of the

a. long-run average cost curve b. short-run average total cost curve c. planning curve d. total cost curve e. average variable cost curve

(Figure: The Market for Hybrid Cars) Look at the figure The Market for Hybrid Cars. If there were a binding price ceiling in the market for hybrid cars, one possible price would be equal to ________, consumers would demand ________, and producers would supply ________.

A) P1; Q3; Q1 B) P1; Q1; Q3 C) P3; Q3; Q1 D) P2; Q2; Q2