Refer to Scenario 1-4. Using marginal analysis terminology, what is another economic term for the incremental revenue received from the sale of the last 500 cigars?

The Southern Colonies' exports went primarily to

a. the United Kingdom. b. continental Europe. c. the West Indies. d. Africa.

Assuming that automobiles are normal goods, a rise in consumer income, other things being equal, will cause:

a. the demand curve for automobiles to shift to the left. b. the demand curve for automobiles to shift to the right. c. a downward movement along the demand curve for automobiles. d. an upward movement along the demand curve for automobiles.