Refer to the information provided in Figure 8.3 below to answer the question(s) that follow.  Figure 8.3 
Refer to Figure 8.3. If the total fixed cost is $50, then average total cost of producing 10 basketballs is

When the price system fails to generate an efficient allocation of resources

A) the market will always correct it. B) consumers will spend less. C) business will produce more. D) too few or too many goods will be produced.

The fact that snow cones sales fall when snow accumulated from the sky suggests that snow cones sales and snow on the ground are

A. both directly correlated and inversely correlated. B. neither directly correlated nor inversely correlated. C. directly correlated. D. inversely correlated.