Use the Following to Answer Questions

question 27

Multiple Choice

Use the following to answer questions:
Figure: Marginal Costs 1
-Figure: Marginal Costs 2 This figure shows the production costs of two firms that produce bird feeders. If these two firms represent total production in the industry, how should they allocate the production of 200 bird feeders to minimize costs?

• A) Firm 2 should produce all 200 bird feeders.
• B) Firm 1 should produce all 200 bird feeders.
• C) Firm 1 should produce 150 bird feeders, and Firm 2 should produce 50 bird feeders.
• D) Firm 1 should produce 100 bird feeders, and Firm 2 should produce 100 bird feeders.

Understand the definitions and examples of various paraphilias.

Distinguish between coercive and noncoercive paraphilias.

Recognize the role of consent and control in BDSM practices.

Identify factors differentiating fetishistic behavior from non-fetishistic sexual preferences.

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Definitions:

Congressional Budget Office

The Congressional Budget Office is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

John Maynard Keynes

A British economist whose theories on government intervention in economies (Keynesian economics) have greatly influenced modern economic policies.

Council of Economic Advisers

A panel of three noted economists who advise the President of the United States on economic policy.

U.S. Monetary Policy

The process by which the Federal Reserve controls the supply of money in the U.S. economy to achieve stable prices, maximum employment, and moderate long-term interest rates.