The Civil War was a result of
(a) the dispute over slave ownership in the South.
(b) attempts to keep slaves out of the West.
(c) attempts to protect state rights over federal control.
(d) all of the above.
(d)
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The labor-force participation rate tells us the fraction of the population that is able to participate in the labor market
a. True b. False Indicate whether the statement is true or false
The law of diminishing returns explains diseconomies of scale.
Answer the following statement true (T) or false (F)
There are no fixed costs in the long run.
Answer the following statement true (T) or false (F)
Juanita has just opened a new business selling pet supplies through the Internet
A) Juanita is an entrepreneur. B) Juanita is not providing economic goods since people purchase the goods. C) Juanita is not providing economic goods since pet supplies are not being sold in a store. D) Juanita is not an entrepreneur since there are other businesses that sell pet supplies.