Last year, jane spent all of her income to purchase 200 units of corn at $5 per unit. this year, she spent all of her income to purchase 180 units of corn at $6 per unit. a. jane's nominal income and real income decreased this year. b. jane's nominal income increased this year, but her real income decreased. c. jane's nominal income decreased this year, but her real income increased. d. jane's nominal income and real income increased this year.

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.