In the above figure, if the firm is in monopolistic competition, it will produce

The above table shows the demand schedule and supply schedule for chocolate chip cookies. If the price is $4.00 per pound, there is a

A) shortage of 2 pounds of chocolate chip cookies. B) shortage of 3 pounds of chocolate chip cookies. C) shortage of 5 pounds of chocolate chip cookies. D) surplus of 3 pounds of chocolate chip cookies.

The research document given to the Federal Open Market Committee that contains information on the state of the economy in each Federal Reserve district is called the

A) beige book. B) green book. C) blue book. D) black book.