An inward-oriented strategy is designed to:
a. expand a country's export capacity.
b. lower the production of capital goods.
c. develop the domestic manufacturing sector.
d. promote the consumption of imported goods.
e. improve productivity in the domestic service sector.
Question 2
Fred's demand schedule for movie DVDs is as follows: At 30, he would buy 1; at 25, he would buy two; at 15, he would buy 3; and at 10, he would buy 4 . If the price of movie DVDs equals 25, the consumer surplus Fred receives from purchasing movie DVDs would be:
a. zero.
b. 5.
c. 25.
d. 55.
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