The largest category of the unemployed are
A) job losers.
B) reentrants.
C) job leavers.
D) new entrants.
A
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If an activity is worth pursuing at all, then the only information the decision maker needs to make a choice is
a. total benefits. b. marginal benefits and marginal costs. c. variable costs. d. fixed costs.
Which of the following will not lead to an increase in the demand for labor for a firm producing automobiles?
A) a decrease in labor productivity B) an increase in the price of robots that are used to solder parts of the car together C) an increase in the demand for automobiles D) an increase in the price of automobiles
Will a perfectly competitive firm ever produce in the short run even though it is incurring an economic loss?
What will be an ideal response?
In order to maximize the net gains from an activity, a Maeva should choose the quantity at which the marginal:
a. benefit exceeds the marginal cost by the greatest amount. b. benefit is zero. c. benefit is equal to the marginal cost. d. cost is lowest