The earliest unions in the United States were
A) industrial unions.
B) craft unions.
C) public-sector unions.
D) military unions.
Answer: B
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Based on the figure below. Starting from long-run equilibrium at point C, a tax cut that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ and eventually to a long-run equilibrium at point ________, if left to self-correcting tendencies. 
A. D; C B. B; C C. B; A D. D; B
A firm's total product curve shows that at first it has
A) economies of scale and then diseconomies of scale. B) diseconomies of scale and then economies of scale. C) increasing marginal returns and then diminishing marginal returns. D) diminishing marginal returns and then increasing marginal returns.
A dominant strategy is:
A. when one strategy is chosen and cannot be changed without making at least one of the players worse off. B. when one strategy is chosen by a firm first and determines the best strategies of the other players that follow. C. when one strategy is always the best for a player to choose, regardless of what other players do. D. None of these statements is true.
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. Assume The Custom Sweater Shop has fixed costs of $500 and is a monopolistically competitive firm. At the profit-maximizing output in the short run, the firm ________ of $46.
A. earns a profit B. should set a price C. has an average total cost D. has an average variable cost