Sara's Strawberry Market maximizes its total revenue by selling strawberries for $1.25 a basket. At a price of $1.25, you predict that ________

In the absence of property rights, factories will dump waste into a waterway up to the point where ________ equals ________

A) marginal social cost; marginal social benefit B) marginal social cost; marginal private cost C) marginal private cost; marginal private benefit D) marginal private cost; marginal social cost

When the government runs a budget deficit, we would expect to see that

A) public saving is positive. B) private saving will fall. C) G + TR < T. D) investment will fall.