High and variable rates of inflation will

All else constant, an increase in the supply of

A) increases the equilibrium quantity and the equilibrium price of bonds. B) increases the equilibrium quantity and decreases the equilibrium price of bonds. C) decreases the equilibrium quantity and increases the equilibrium price of bonds. D) decreases the equilibrium quantity and the equilibrium price of bonds.

The marginal cost of producing fish increases by $.01 with each additional fish. The marginal cost of the first fish is $.01, for the second it is $.02, etc. If the market price for fish is $7 per fish and your total fixed cost is $7,000 . you should

a. stop fishing after the 7,000th fish b. stop fishing after the 700th fish c. stop fishing after the 1,000th fish d. shut down e. there is not enough information to answer this question