Which of the following is vertical?
a. both the long-run Phillips curve and the long-run aggregate supply curve
b. neither the long-run Phillips curve nor the long-run aggregate supply curve
c. the long-run Phillips curve, but not the long-run aggregate supply curve
d. the long-run Phillips curve, but not the long-run aggregate supply curve
a
Economics
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What does the demand for labor depend on, directly or indirectly?
(a) The wage rate (b) Productivity of labor (c) Demand for the goods and services produced by the labor (d) All of the above
Economics
The given nondiscriminating monopolist should set its price at:
A. $300.
B. $250.
C. $200.
D. $150.
Economics