"Complete the following 5 topic questions for section 2 of Microeconomics" (attached)

Fish {puunds per year} Fish [puuncis per year] Chicken {pounds per year] Chicken [pounds per year} Figure A Figure B Fish (pounds per year} Fish [pounds per year) Chicken {pounds per year] Chicken [peuncls per year} Figure C Figure D The above figures show budget lines. which Di'IE' reflects an increase in the price cut chicken? (:3. A} Figure A K Iii:1: B) Figure B [:Ijl C} Figure C [:3 D} Figure D [3. } Beth Figure B and Figure C Implicit and explicit costs are different in that: )A. explicit costs are relevant only in the short run. O B. implicit costs are relevant only in the short run. C. explicit costs refer to non-expenditure costs and implicit to out-of-pocket costs. ()D. implicit costs refer to non-expenditure costs and explicit to out-of-pocket costs.If a good is inferior, then it has an income elasticity that is O a. less than one. Ob. greater than zero. O c. less than zero. O d. greater than one. Oe. undefined.\fAverage Fixed Cost: )a. equals marginal cost when average total cost is at its minimum.. ()b. may be found for any output by adding average variable and average total cost. Oc. graphs as a U-shaped curve. Od. declines continually as output increases