An indifference diagram has movies on the vertical axis and sodas on the horizontal axis. As the consumption of sodas increases, the marginal rate of substitution ________ and the indifference curve becomes ________

There are two can companies, American and National, which have entered into a collusive agreement. The payoff matrix of economic profits is above. If both firms cheat on the collusive agreement, what amount of economic profit is made by American?

A) $0 B) $3,000 C) $4,000 D) -$2,000

Which of the following is not one of the key services provided by the financial system?

A) risk sharing B) liquidity C) decreasing taxes D) generating information