Alex is a non-union employee in a factory. If the union negotiates certain benefits for the employees, Alex enjoys all the benefits although he does not pay the union fee. His behavior is an example of ________

If the MPC is 0.9, then an increase in taxes of $100 can be expected to __________ consumption by the amount of __________

A) increase; $90 B) decrease; $90 C) increase; $100 D) decrease; $100

In an oligopolistic market there are

A. few sellers. B. many sellers. C. many buyers. D. few buyers.