Use the following table to answer the question below. Price per UnitQuantity Demanded per YearQuantity Supplied per Year$52,0000101,800300151,600600201,400900251,2001,200301,0001,500There will be a shortage whenever the price is

Joe has $50 to spend on pizza and movies. If movies are $5 each and a pizza is $10 then, assuming he spends all his money, he can buy which of the following bundle of goods?

A) 6 movies and 2 pizzas B) 8 movies and 4 pizzas C) 2 movies and 6 pizzas D) 6 movies and 4 pizzas

A specific tax in a monopoly market equal to the marginal harm of pollution

A) will increase welfare. B) will decrease welfare. C) will leave welfare unchanged. D) All of the above are possible.