Headline:  Saudis, other oil giants announce surprise production cuts.  What happens to the equilibrium price and quantity of oil?

Use the graph above to indicate what will happen to the supply of apples given the following scenario:   iRobot unveils a new machine that is able to detect and pick ripe apples that costs half of what a human worker would cost.

Which of the following could increase demand for a good or service?

In economics, demand means

Headline: St. Cloud development project to include a Caribou Coffee shop.  What is the impact on the equilibrium price and quantity of coffee in St. Cloud?

Quantity supplied refers to 

The Saturday Night Live commercial for Litter Critters was a joke about which economic question?

Elliot decided to open a store in downtown Aitkin selling great coffee.  At the end of the day, he gets to keep his profits.  This is an example of 

Use the graph above to indicate what will happen to the demand for oil given the following scenario: As the income of Chinese workers increase, so do their purchases of cars and trucks.

Resources are owned and controlled by private individuals in what type of economic system?