Other things being equal, an increase in the price of a good leads to a decrease in the amount people purchase. This is known as

Labor productivity increases with

A) increases in consumption expenditure. B) increases in depreciation. C) increases in capital. D) All of the above answers are correct.

In the above figure, if d1 is the relevant demand curve for this firm, then which level of output will maximize this firm's profits or minimize its losses?

A) A B) B C) C D) D