The supply curve of labor is less elastic in the long run compared to the short run
Indicate whether the statement is true or false
F
You might also like to view...
Direct costs of a public sector investment project are generally easier to measure than the direct benefits
a. true b. false
Evaluate the following statement in the context of business-stealing and product-variety externalities: "We have too many student apartments in this town already. Statistics show that vacancy rates average 15 percent during any given semester."
Monetary policy is made by the ______
Fill in the blank(s) with correct word
Michigan Radio is the state's most listened-to public radio service, attracting approximately 400,000 listeners each week. The on-air fundraiser, which ran during October 2010, generated over 7400 pledges from donors
The money raised helps pay for programming costs at the station, with membership support being the single largest source of income. The 392,600 listeners who did not call and donate can be classified as what? A) free riders B) marginal beneficiaries C) rival consumers D) rationally ignorant