Some of the newer pollutants that have appeared
a. are far more visible to the eye than older pollution.
b. cause damage that is easily reversible.
c. pose no significant long-term hazards.
d. are far more dangerous than older forms of pollution.
d
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Union membership will be more attractive from the worker's viewpoint if
a. the demand for the union labor is highly inelastic. b. the supply of union labor is highly elastic. c. only a few of the firms in the industry are unionized. d. the membership dues charged by the union are extremely high.
The fact that many inputs are fixed in the short run but variable in the long run has little impact on the firm's cost curves
a. True b. False Indicate whether the statement is true or false
Interest on the national debt, as a percentage of federal expenditures, has increased significantly since 1965.
A. True B. False C. Uncertain
How will a decrease in price affect a firm's revenues?
A) It depends on the price elasticity of demand. B) Revenues will stay the same. C) Revenues will decrease. D) Revenues will increase.