MyPlate is both a graphic and
A. an interactive website providing personalized diet planning.
B. a nutrition textbook. .
C. a database identifying the nutrients in thousands of common foods.
D. a diet-analysis software package.
Answer: A. an interactive website providing personalized diet planning.
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In the figure above, D0 is the demand for labor curve. Imposing a minimum wage of $6 per hour will initially
A) increase employment from 20 to 40 million hours per year. B) increase employment from 30 to 40 million hours per year. C) decrease employment from 40 to 20 million hours per year. D) decrease employment from 30 to 20 million hours per year.
Explain how firms choose the amount of capital goods to purchase and the amount of labor to hire
What will be an ideal response?
The fact that U.S. managers' salaries are about four times higher than those of comparable managers in Japan, where banks control firms more closely, is probably:
A. an example of X-inefficiency in Japan. B. due to the fact that there are more natural monopolies in the United States. C. an example of the monitoring problem in the United States. D. due to the fact that the U.S. economy is much less competitive.
In which market structures is there product differentiation?
A. perfect competition and monopolistic competition B. monopolistic competition and oligopoly C. oligopoly and monopoly D. perfect competition and monopoly