In the above figure, the average product of labor at point c is

A) 10.
B) 5.
C) 2.
D) None of the above answers is correct.


B

Economics

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Suppose there is a shortage of computer programmers, but firms refuse to hire unemployed typists and train them. This is one reason for ________ unemployment

A) turnover B) seasonal C) mismatch D) cyclical

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Refer to Figure 9.4. In the short run, how much should the firm produce at the price P3?



A. 0

B. Q1

C. Q2

D. Q3

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Michael Jordan is currently worth 25,000 and the CPI is 108

What will be an ideal response?

Economics

People out of work for 27 weeks or longer are said to be short-term unemployed

Indicate whether the statement is true or false

Economics