The labor force in the United States is defined as
A) the total number of individuals who are employed.
B) the sum of the total number of individuals who are employed and the officially unemployed.
C) the sum of the total number of individuals who are employed, the officially unemployed, and discouraged workers.
D) the total number of individuals who are 16 years old and older, but not retired.
E) none of the above
B
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Number of FigsVCMCAVCFCTCATC0???100??19090????2?????1353??80???4????400?Table 8.4Table 8.4 presents the cost schedule for David's Figs. If David produces three figs, David's total variable costs are:
A. $0. B. $41.67. C. $80. D. $240.
A natural monopoly occurs when
A. there are high fixed costs. B. continuously decreasing average total costs. C. continuously increasing marginal costs. D. A) and B)
In the figure above, suppose that $20 is the market equilibrium price. Which area is the consumer surplus?
A) A B) B C) A + B D) B - A E) B รท A
What is meant by capital stock?
What will be an ideal response?