Duplicate of AP Econ: Review of Supply, Demand, & Elasticity

If an economy has to sacrifice one unit of X for each unit of good Y produced, then its PPC:

If beef and pork are substitutes, the cross price elasticity of demand must be:

If the cost of wheat increases, what happens to the wheat bread in the market? 

Churros are found to stop cancerous cells. What is the result in the market? 

Which will occur if a legal price floor is placed on a good below its market equilibrium

The concept of the margin deals with:

What effect is when the price of a good rises & consumers tend to buy other goods instead?

Two goods have a CP elasticity -2, when the price of one increases the demand for the other

If hot dogs are an inferior good, an increase in income will result in:

An example of a positive statement is:

TR increases & P decreases. What happened? 

The price of a soccer ball is $25, you are willing to pay $33.  What is your Consumer Surplus?

If the price of a good decreased 3% but total revenue increases, the good must be

All are examples of price floors except.... 

The income elasticity of demand is 2.4. What type of good is this? 

What is the elasticity of supply for Michelangelo's  artwork?