You are most likely to be a union member if you

A. live in a right-to-work state.
B. live in the South.
C. are a government employee.
D. work in retailing.


C. are a government employee.

Economics

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The production possibilities curve shows that:

A. some of one good must be given up to get more of another good in an economy that is operating efficiently. B. no output combination is impossible. C. an economy that is operating efficiently can have more of one good without giving up some of another good. D. scarcity can be eliminated.

Economics

Refer to the graph shown depicting a monopolistically competitive firm. The marginal revenue curve is represented by curve:

A. A. B. B. C. C. D. D.

Economics

After being introduced in 1999, the euro

A. increased in value through 2008. B. decreased in value through 2008. C. increased in value through 2000 but then decreased in value through 2008. D. decreased in value through 2000 but then increased in value through 2008.

Economics

Refer to Figure 26.2 for a monopolistically competitive firm. At the profit-maximizing output and price, this firm is experiencing economic

A. Profits and should stay in this market in the long run. B. Profits but could make even higher economic profits producing the next best alternative good. C. Losses and should shut down in the short run. D. Losses but should keep producing in the short run.

Economics