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Gooey Flakes Is the Only Ready-To-Eat Cereal That Has Chocolate

Question 132

Multiple Choice

Gooey Flakes is the only ready-to-eat cereal that has chocolate syrup injected into each flake.The machine that injects the syrup into the flakes can do nothing else.Which of the following is true?


A) All of the machine's earnings are economic rent.
B) All of the machine's earnings are opportunity cost.
C) The supply curve for this machine is horizontal.
D) The demand curve for this machine is horizontal.
E) The demand curve for this machine is vertical.

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