Examine Figure 36.1, which shows the market for K-12 education in an economy. If the market is unsubsidized, the equilibrium number of students educated is

In the textbook, the prices of the factors of production, returns from alternative activities, technology, seller expectations regarding future prices, and the number of sellers are called:

A) demand shifters. B) supply prices. C) market realities. D) supply shifters.

Which of the following is a form of outsourcing?

A) changing your own oil B) washing your clothes C) getting your fruits and vegetables from the farmers' market D) studying for your economics exam