When marginal cost is rising, average total cost is rising
Indicate whether the statement is true or false
F
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When both players in a game play a dominant strategy, the outcome will be
a. Pareto optimal. b. a Prisoners' Dilemma. c. a Stackelberg equilibrium. d. the game's only Nash equilibrium.
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
The average duration of unemployment tends to be longer, the higher the unemployment rate
a. True b. False Indicate whether the statement is true or false
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 19 hours per week that she can spend working at either the bookstore or at other potential jobs. One potential job, at a café, will pay her $12 per hour for up to 7 hours per week. She has another job offer at a garage that will pay her $10 an hour for up to 5 hours per week. And she has a potential job at a daycare center that will pay her $8.50 per hour for as many hours as she can work. If her goal is to maximize the amount of money she can make each week, how many hours will she work at the bookstore?
a. 4 hours b. 7 hours c. 12 hours d. 16 hours