[单选] Which of the following is not an example of a market?
A small town has only one seller of electricity.
B. In the United States, a sick person cannot legally purchase a kidney.
C. In Florida, there are many buyers and sellers of key lime pie.
D. The availability of Internet shopping has expanded the clothing choices for buyers who do not live near large cities.
[单选] If muffins and bagels are substitutes, a higher price for bagels would result in a(n)
A. increase in the demand for bagels.
B. decrease in the demand for bagels.
C. increase in the demand for muffins.
D. decrease in the demand for muffins.
[单选] A decrease in quantity demanded
A. results in a movement downward and to the right along a demand curve.
B. results in a movement upward and to the left along a demand curve.
C. shifts the demand curve to the left.
D. shifts the demand curve to the right.
[单选] Nemo rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental. Nemo’s demand demonstrates the law of
A. price.
B. supply.
C. demand.
D. income.
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