Jill runs a factory that makes lie detectors in Little Rock, Arkansas. This month, Jill's 34 workers produced 680 machines. Jill's average product of labor equaled ________ lie detectors per worker
A) 680
B) 34
C) 23
D) 20
E) None of the above answers is correct.
D
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The opportunity cost of a good increases as more of it is produced because
A) producing more of a good requires additional resources. B) the number of forgone alternatives also increases. C) resources are not equally productive in all activities. D) people want the good less as more is produced. E) there is no such thing as a free lunch.
Give an appropriate remedy for correcting excessive pollution and note any difficulties in implementing it
People who report being not in the labor force but who, in fact, want to work but have given up trying to find a job after an unsuccessful search cause the reported unemployment rate to be lower than it would otherwise be
a. True b. False Indicate whether the statement is true or false
A study conducted by economists Marianne Bertrand and Sendhil Mullainathan found evidence of labor-market discrimination based on which of the following findings?
a. Restaurant customers preferred to be waited on by white waitresses rather than black waitresses. b. Black basketball players earned more than white basketball players. c. Employers were more likely to request interviews with job applicants with "white" names such as Greg than from applicants with "black" names such as Jamal. d. Employers were more likely to request interviews with job applicants with "masculine" names such as Mark than from applicants with "feminine" names such as Lisa.