Ford F-150 trucks, Production of this good is likely to fluctuate _____ fluctuations of real GDP during the business cycle.

Fill in the blank(s) with the appropriate word(s).


Ans: more than

Economics

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Over the last 50 years, the U.S. labor force participation rate of men has ________ by ________ the labor force participation of women has ________. As a result, the overall U.S. labor force participation has ________

A) increased; more than; decreased; increased B) decreased; more than; increased; decreased C) increased; less than; decreased; decreased D) decreased; about the same rate as; increased; remained steady E) decreased; less than; increased; increased

Economics

Which of the following conditions hold true for both the perfectly competitive firm and the monopoly at the profit-maximizing output level?

A) MR = P B) MC = ATC C) MC = P D) MR = MC

Economics

Suppose that last year the Tulane University men's basketball team, the Green Wave, won the NCAA tournament. As a result, attendance at Green Wave basketball games has increased dramatically. Explain the difference between the supply of seats for Green Wave games in the short-run and in the long-run. How would you describe the elasticity of supply of seats in the long-run?

What will be an ideal response?

Economics

Which of the following has occurred as the millennial generation has come of age?

A) The demand for "fast casual" food has decreased in the U.S. market. B) The demand for golf equipment has increased in the U.S. market. C) The demand for traditional fast food has decreased in the U.S. market. D) all of the above

Economics