Figure 2-4 shows various points on three different production possibilities frontiers for a nation. Food products Plastic products Refer to Figure 2-4. A movement from Y to X is the result of advancements in food production technology and a change in the technology to produce plastics. 0 True 0 False Figure 10-10 CDS 30 24 BC 12 . . . . . . ....... BC 0 6 10 12 DVDS Refer to Figure 10-10.If the consumer has $240 to spend on DVDs and CDs and the budget constraint is BC2, then the price of a CD is $8. O True O False D Question 22 2 ptsFigure 5-3 S, = So + tax $13.00 So 12.75 Price 12.00 11.75 D 0 Quantity Refer to the above Figure 5-3. It shows the supply curve for a product before tax (SO) and after an excise tax is imposed (S1). Buyers pay more of the tax than do sellers pay. O True O False D Question 25 2 ptsRevenue and cost per unit $30 0 6'2 3'3 164 Quantity Refer to Figure 15-6, compared with the perfectly competitive rm, the prot maximizing monopolist produces 21 less units and charges $2 more per unit. 0 True 0 False Figure 15-6 Revenue and cost per unit $30 2080 13 Refer to Figure 15-6. In the long run, the monopolist earns a positive economic prot. O True 0 False