The demand curve for apples shifts to the left

The supply curve for apples shifts to the right

The demand curve for apples shifts to the right

The supply curve for apples shifts to the left.

An economy where resources are allocated by a mixture of the private and public sector

None of the above

An economy where resources are allocated by supply and demand i.e. the private sector

An economy where the government allocates resources

Marginal costs increase as output increases in

the long run.

Total costs increase as output increases in the

long run.

Unit costs increase as output increases in the

long run.

Fixed costs increase as output increases in the

long run.

Customers are

spending too much.

It is productively

inefficient.

Firms are maximizing profits.

The economy's

resources are fully employed.

Keynesian economic

statement.

Normative economic

statement.

Mixed economic

statement.

Positive economic

statement.

-2.87

-1.17

-0.33

-0.86