How much is the firm's loss per unit of output?

The market price for Chinese televisions recently changed from $200 per television set to $150 . _____, will benefit the most from this change in price

a. Lee Gadgets Co., a retail shop that sells Chinese televisions to consumers b. Wayne Inc., a manufacturer of Chinese televisions c. Harry, a consumer who buys a Chinese television set d. Light Inc., a wholesaler who sells Chinese televisions to retailers

Suppose Warren Buffet withdraws $1 million from his checking account at Chase Bank. If the required reserve ratio is 20 percent, what is the maximum change in deposits in the banking system?

A) -$5 million B) -$4 million C) -$200,000 D) $1 million E) $5 million