Assume hamburgers and french fries are compliments. If there is a shortage of hamburgers, what do you expect to happen in the french fry market?

Given the following phrase, choose the best remaining phrasing that would make the sentence normative. If Burger King increases the amount of burgers it sells:

Exhibit 2-15 Production possibilities curve In Exhibit 2-15, evidence of the law of increasing opportunity costs is:

Exhibit 3-9 Refer to Exhibit 3-9. The production of X is more profitable than it used to be. A number of producers enter the business of producing X. An economist would expect a movement in the market for X from

   1Hour Carrots Celery Maggie 15 units 20 units Carole 10 units 5 units   Assume both Carole and Maggie work for eight hours per day. If both spend half their time producing each good, how many units will Carole consume?

Sarah enjoys donuts.After the price of donuts increases, Sarah buys fewer croissants and more coffee. For Sarah,

Consider two individuals — Marquis and Serena — each of whom would like to wear sweaters and eat tasty food. The gains from trade between Marquis and Serena are most obvious in which of the following cases?

  Assume the above diagrams represent various taco demand curves for Judy. Judy considers tacos to be inferior good. If Judy gets a raise, which image depicts this scenario.

   1 Hour Carrots Celery Maggie 15 units 20 units Carole 10 units 5 units   Assume both Carole and Maggie work for eight hours per day. If both spend half their time producing each good, how many units will Maggie consume?

Kim can milk four cows per hour or walk three dogs per hour. Lisa can milk three cows per hour or walk three dogs per hour. Kim should