Data on per capita trash generation in the United States indicate that since 1990 it has:
A. Increased moderately
B. Continually decreased
C. Leveled off
D. Sharply increased
C. Leveled off
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With labor migration, the destination country experiences:
A. An increase in output and a rising wage rate B. An increase in output and a falling wage rate C. A decrease in output and a falling wage rate D. A decrease in output and a rising wage rate
The above table shows Homer's marginal utility from consuming various quantities of chocolate chip cookies and cake. The price of cookies is $1 per pound, the price of cake is $2 per slice and Homer has $9 to spend on cookies and cake
Homer will consume ________ pounds of cookies and ________ slices of cake. A) 5; 2 B) 2; 5 C) 3; 3 D) None of the above answers is correct.
Evidence from research studies by economists
a. shows that increased unemployment benefits decrease the job search efforts of the unemployed. b. shows that increased unemployment benefits have virtually no effect on the job search efforts of the unemployed. c. shows that increased unemployment benefits increase the job search efforts of the unemployed. d. is conflicting on what increased unemployment benefits do to the job search efforts of the unemployed.
As output rises, ________ will continue to fall.
A. average variable costs B. average fixed costs C. marginal costs D. average total costs