If the Palace Cinema can sell 200 tickets at $4 and 300 tickets at $3, the demand for Palace Cinema tickets between the two prices is

In the above figure, if the firm is in monopolistic competition, it will produce

A) 40 units. B) 60 units. C) between 61 and 99 units. D) 100 units.

An increase in income shift a person's budget line rightward and does not change its slope

Indicate whether the statement is true or false