If marginal profit is zero, then total profit is at a maximum.
Answer the following statement true (T) or false (F)
True
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Life expectancy at birth in the United States has more than doubled since 1850
Indicate whether the statement is true or false
Show what happens to the industry equilibrium when new firms enter a perfectly competitive market in the long run.
What will be an ideal response?
Which of the following will most likely qualify for unemployment compensation benefits?
a. A new college graduate who cannot find work despite a desperate job search b. An unemployed coal miner who has been receiving benefits for the past six months c. A former retail clerk who quit her job because the boss was too demanding d. A spot welder who has just gotten his first "pink slip" in the mail after ten years of continuous employment e. An accountant who was fired from his last position for drinking alcohol on the job
The top four U.S. multinational corporations are oil companies
Indicate whether the statement is true or false