Which of the following public policies has (have) the effect of restricting competition?

The law of supply states that other things remaining the same, a decrease in the price of a kayak leads to

A) a decrease in the supply of kayaks. B) a decrease in the quantity of kayaks supplied. C) an increase in the supply of kayaks. D) an increase in the quantity of kayaks supplied. E) an increase in the supply of kayaks and a decrease in the quantity of kayaks supplied.

Another term for an economic variable whose value is given is ________

A) endogenous B) exogenous C) autonomous D) ornamental