In the figure above, the allocatively efficient output of ...

[P68T]

In the figure above, the allocatively efficient output of computers is
 
  A) 2 million per year.
  B) 3 million per year.
  C) 4 million per year.
  D) the largest amount possible.

Question 2

In a short-run macroeconomic equilibrium, potential GDP exceeds real GDP. If aggregate demand does not change, then the
 
  A) short-run aggregate supply curve will shift rightward as the money wage rate falls.
  B) short-run aggregate supply curve will shift leftward as the money wage rate rises.
  C) long-run aggregate supply curve will shift leftward as the money wage rate rises.
  D) long-run aggregate supply curve will shift leftward as the money wage rate falls.

[johnpizzaz]

Answer to Question 1

B

Answer to Question 2

A

[P68T]

Excellent

[xoxo123]

TYSM