Refer to Table 12-1. If the market price of each camera case is $8, what is the profit-maximizing quantity?

As labor increases, there is a

A) shift of the aggregate production function, but no movement along it. B) movement along the aggregate production function, but no shift in it. C) movement along the aggregate production function and real GDP will increase less with each additional increase in labor. D) movement along the aggregate production function and real GDP will decrease less with each additional increase in labor.

When people base their estimates of the likelihood of an event on how often they've heard of such an event, they illustrate the:

A. Confirmation bias B. Framing effect C. Hindsight bias D. Availability heuristic