Which of the following resources will a producer demand another unit of so long as the additional unit's marginal revenue exceeds its marginal cost?

Which of these economic variables is procyclical?

A) consumer spending B) stock prices C) the government bond spread D) all of the above E) none of the above

There are two techniques of egg production: free range (where hens roam around the farm) or factory (where hens are fed and watered in wire cages). The free range technique has a much more elastic supply curve than the factory technique

When the demand for eggs falls: A) egg production using the factory technique falls less than with the free range technique. B) egg production using the factory technique falls more than with the free range technique. C) the production using both techniques falls by the same amount. D) the factory egg producers supply curve shifts inward. E) the free range egg producers supply curve shifts inward.