If men's preferences for work change such that more men want to be stay-at-home fathers, the wages paid to men who remain in the workplace would rise, all else equal

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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If Taco Bell decides to produce more tacos and fewer burritos, Taco Bell is answering the ________ part of one of the two big economic questions

A) "what" B) "why" C) "when" D) "scarcity"

Economics

Today, the United States charges an average tariff rate of less than 1.5 percent

Indicate whether the statement is true or false

Economics

Reasons why a corporation could choose to produce in another country include all of the following except

a. lower labor costs b. avoid overseas transportation costs c. limited liability d. circumvent tariffs e. lower resource costs

Economics

If total revenue is increased, which of the following must have been true?

a. MR = 0 b. MR > 0 c. MR = AR d. MR < 0 e. MR < MC

Economics