Competitive forces will reduce the effects of employers’ discrimination over time.
Answer the following statement true (T) or false (F)
True
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Distinguish between a price-discriminating monopoly and a single-price monopoly
What will be an ideal response?
The Cold War was of overriding importance during the period after World War II for all of the following reasons except
(a) It was an automatic "pump primer" which helped keep spending levels high in the overall economy. (b) It helped fuel growth of key sectors of the economy, such as aircraft manufacturing and computers. (c) It fostered economic growth and urbanization in many parts of the nation where military bases and defense factories were built. (d) It put people to work who would otherwise have been unemployed because without high levels of defense spending, the economy almost certainly would have lapsed back into a depression like the one of the 1930s.
Use the above table to answer these questions: In which year was the misery index (a) the highest? (b) the lowest?
Refer to the information provided in Figure 15.5 below to answer the question(s) that follow. 
Figure 15.5 Refer to Figure 15.5. If the Custom Sweater Shop is monopolistically competitive, what is the minimum level of fixed cost that would lead to the firm continuing to operate in the short run?
A. $400 B. $4,600 C. $5,000 D. The firm would continue to operate regardless of the level of fixed costs.