The price of domestic goods in terms of foreign goods is referred to as the

In the figure above, what is the efficient quantity of pesticide to produce?

A) 300 tons per month B) 240 tons per month C) 180 tons per month D) 360 tons per month

Refer to the figure below. In response to gradually falling inflation, this economy will eventually move from its short-run equilibrium to its long-run equilibrium. Graphically, this would be seen as 

A. long-run aggregate supply shifting leftward B. Short-run aggregate supply shifting upward C. Short-run aggregate supply shifting downward D. Aggregate demand shifting leftward