The demand curve facing an individual producer of wheat is most likely represented by

The "investment" component of aggregate demand will include all of the following except

a. expenditures of business firms on new plants. b. expenditures of business firms on new equipment. c. resales of existing physical assets. d. household spending on new homes.

A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal utility of product Beta is 40. The price of product Alpha is $5 and the price of product Beta is $10. The utility-maximizing rule suggests that this consumer should:

A. Increase consumption of product Beta and decrease consumption of product Alpha B. Increase consumption of product Beta and increase consumption of product Alpha C. Increase consumption of product Alpha and decrease consumption of product Beta D. Make no change in the consumption of Alpha or Beta