In the above table, what is the minimum price that producers must be offered to produce the 200th brownie?
A) 0
B) 20¢
C) 60¢
D) 80¢
B
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A recession occurs when ________, when ________, or when both of these occur.
A. potential output grows rapidly; actual output equals potential output B. potential output grows rapidly; actual output falls below potential output C. potential output grows slowly; actual output rises above potential output D. potential output grows slowly; actual output falls below potential output
Two of the three largest banks in the world are located in
A. the United States. B. Japan. C. Germany. D. the United Kingdom.
A local restaurant offers an "all you can eat" Sunday brunch for $12. Susan eats four servings, but leaves half of a fifth helping uneaten. Why?
A. Her marginal value of a serving of brunch has fallen below $12. B. Her marginal value of a serving has fallen below $2.36 ($12 divided by 5 servings). C. Her marginal value of food has fallen to zero. D. The total value she places on brunch today exactly equals $12.
Use the table below to answer the next question.YearEmployedStructuralFrictionalCyclicalUnemployed20031,800501005020020042,400100100 30020052,000 15018050020062,66040 0140Determine the number of people structurally unemployed for the year 2005.
A. 220 B. 170 C. 150 D. 0