The supply and demand for wheat is given by QS = 200 + .2A + p and QD = 500 - p, where p is the price of wheat and A is the amount of rainfall (inches per year). The effect of an incremental increase in rainfall on equilibrium will be

An increase in the real interest rate does which of the following?

A) increases the demand for loanable funds B) reduces saving C) reduces consumption spending D) reduces the demand for loanable funds

Producing a differentiated product occurs in which of the following industries?

A) oligopoly, monopolistic competition, and perfect competition B) monopolistic competition and oligopoly C) monopolistic competition only D) oligopoly only