shortage at the S 10 price

shortage if price were to rise above $10

surplus at the $10 price

equilibrium in this market

shift the indifference curves outward

rotate the budget constraint about the X-axis

rotate the budget constraint about the Y axis

shift the budget constraint outward in a parallel way

eliminate scarcity

leave one corner of the production possibilities frontier fixed and swing out from the other

move the production possibilities frontier in all directions

move the production possibilities frontier out in all directions

complete satisfaction for the consumer

the equivalence of prices the consumer pays

the least he or she can spend

constrained utility maximization for the consumer

enjoys bundle A and B equally

prefers bundle B to bundle A

must receive more of both—with bundle B

prefers bundle A to bundle B

it is using all the available natural resources but may not be using all available labor resources

Both a and b

it must be growing

it must be employing all available resources

cannot be determined

is the slope of the straight line that is tangent to the function at that point

is constant for the entire function

is the slope of the straight line connecting the origin and the point

decreasing marginal costs 

increasing marginal costs

decreasing average costs

increasing average cost           

involves the study of firms with positive profits

is usually thought to be a waste of lime

involves how resources are actually used in an economy

involves judgments on how resources should be used in an economy

the average of the intercepts

None of the above

a single point

the average of the slopes