How to answer these questions

13. Which of the following is NOT a function of prices in a market system? A. Prices have the crucial job of helping a market find equilibrium. B. Prices send signals to buyers and sellers to help them make rational economic decisions. C. Prices coordinate economic activity. D. Prices make an equitable or fair distribution of goods and services among consumers possible. 14. TRUE or FALSE In general, supply curves are positively sloped because as prices for a good ncrease, producers are motivated to offer more units of the good for sale. 15. Over the past decade technological improvements that have lowered the cost of producing an automobile have increased A. the demand but not the supply of automobiles. B. both the supply and the demand for automobiles. C. the supply but not the demand for automobiles. D. neither the supply nor the demand for automobiles. 16. Assume that the demand for bananas is downward sloping. If the price of bananas falls from $.8 per pound to $.65 per pound, which of the following will occur? A. A smaller quantity of bananas will be demanded. B. A larger quantity of bananas will be demanded. C. Demand for bananas will decrease. D. Supply of bananas will decrease.D. increase, decrease SECTION C. GDP=DY Consumption $200 $205 225 225 250 245 275 265 300 285 C1. (5 points) Refer to the above data (in the box). Calculate the MPS and the MPC. (It is possible to do so, with this data.) Oh, yes, SHOW YOUR WORK for credit. C2. (5 points) Refer to the above data (in the box). At the $200 level of DY, what is Saving