Refer to the information provided in Figure 12.1 below to answer the question(s) that follow. 
Figure 12.1 Refer to Figure 12.1. This competitive firm is currently at Point A on the ATC curve. The firm's move toward an output where ATC will be at point B will make the economy
A. less efficient.
B. less stable.
C. more stable.
D. more fair and the distribution of outcome more equitable.
Answer: A
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The unemployment rate is 6 percent. If the population is 300 million, and the number unemployed is 6 million and the number employed is 94 million, what is the size of the labor force?
What will be an ideal response?
During the antebellum period, the "Old Northwest" became the leading producer of
a. corn. b. wheat. c. hogs. d. All of the above.
Shared understandings about how states will behave on a particular issue are known as
a. international regimes. b. natural laws. c. social identities. d. enforcement mechanisms.
Under perfect competition, which of the following are the same (equal) at all levels of output?
a. Price and marginal cost b. Price and marginal revenue c. All of the answers are correct. d. Marginal cost and marginal revenue