What is the total cost at the break-even quantity calculated above?

Latin America

A) is significantly smaller than the NAFTA market in terms of population. B) has a smaller population, but a larger GDP than the NAFTA market. C) has a larger population than the NAFTA market. D) is similar in population to the NAFTA market.

The value of the marginal propensity to consume is ________

A) equal to one B) between zero and one C) greater than one D) less than zero