The above figure shows the market for pizza. The market is in equilibrium when people's incomes decrease. If pizza is a normal good, then which point represents the most likely new price and quantity?

Refer to Table 5.1. Andrea has a comparative advantage in the production of

A) bracelets. B) tiaras. C) both products. D) neither product.

The purchase by a consumer in Brazil of a video game produced in the United States is included in U.S

A) consumption expenditures. B) investment expenditures. C) government purchases. D) net exports.