Today, women compose approximately __________ percent of Congress.

The “law of supply” refers to the fact that, all other things remaining the same, when the price of a good rises

The loss of the highest-valued alternative defines the concept of

Of the following, demand is likely to be the least elastic for

Vicky currently produces at point a in the figure above. If Vicky moves from point a to point b to point c, her opportunity cost of a modem ________.

The “law of demand” refers to the fact that, all other things remaining the same, when the price of a good rises

The night before a midterm exam, you decide to go to the movies instead of studying for the exam. You score 60 percent on your exam. If you had studied the night before, you’d have scored 70 percent. What was the opportunity cost of your evening at the movies?

The price of a bus ride decreases, and the total revenue of the bus company decreases. The demand for bus rides is ________.

Changes in which of the following shifts the supply curve of hamburgers?

Which of the following factors will make the demand for a product more elastic?