Using supply and demand to model employment discrimination, if women are legally or socially confined to certain professions such as nursing or teaching, then the ________ of workers in these professions is inefficiently ________.

A. demand; low
B. supply; high
C. demand; high
D. supply; low


Answer: B

Economics

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In Lee Benham's 1972 article examining the impact of advertising on the average price paid for a pair of eyeglasses, Benham found that

a. the average price paid for eyeglasses was nearly 20% higher in the states that did not restrict advertising. b. the average price paid for eyeglasses was nearly 20% lower in the states that did not restrict advertising. c. there was no difference in the average price paid between states that restricted advertising and those that did not. d. the average price paid for eyeglasses was almost 5 times higher in the states that did not restrict advertising.

Economics

A free good is:

A) also a scarce good. B) a relatively abundant good. C) a good with no opportunity cost. D) a good with relatively low opportunity cost.

Economics

The dividend-discount model of stock valuation:

A. takes the annual dividend, adds it to the expected future selling price and divides by the number of years to get the current price. B. is an application of the net present value formula. C. takes the net present value of the expected future price of the stock and adds the annual dividend. D. takes the net present value of expected dividends and add it to the future sale price of the stock.

Economics

In the above table, the marginal utility of fifth slice of pizza is

A. -10. B. 20. C. 10. D. 0.

Economics