Refer to the information provided in Figure 15.4 below to answer the question(s) that follow.  Figure 15.4 Refer to Figure 15.4. Assume The Hand Made Shirt Shop has fixed costs of $150 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should produce ________ personalized sweatshirts.

The marginal product of labor is the

a. marginal revenue product minus the wage paid to the worker. b. total amount of output divided by the total units of labor. c. increase in the amount of output from an additional unit of labor. d. None of the above is correct.

Refer to the accompanying figure. Moving from demand curve D1 to demand curve D2 illustrates a(n):

A. decrease in demand. B. decrease in quantity demanded. C. increase in demand. D. increase in quantity demanded.