In the equation s = 130 –2t, where s is hot chocolate sales and t is temperature, hot chocolate sales are:

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

In the supply-and-demand schedule shown above, the equilibrium price for cell phones is $25 $100 $200