Refer to Figure 12.4. Since the housing bubble burst and the economy returned to its initial, pre-bubble level before the corrective policy changed output, the economy actually moved from ________ after the bubble burst

The figure above shows the market for milk. The ________ price that producers must be offered to get them to produce 250 gallons of milk per day is ________

A) maximum; $3.25 B) minimum; $3.25 C) maximum; $2.50 D) minimum; $2.50

If two goods are complements, then their

A) indifference curves are positively sloped straight lines. B) indifference curves are negatively sloped straight lines. C) indifference curves are L-shaped. D) marginal rate of substitution is infinity.