A market survey conducted by an electronics manufacturer reported a year on year growth in the sale of television sets, along with an increase in the selling price. Which of the following could be a likely cause for this situation?

When we cannot produce more of any good without giving up some other good that we value more highly, we have achieved

A) production. B) equity. C) allocative efficiency. D) the production point where the marginal benefit exceeds the marginal cost by as much as possible.

Because employment actually continued to fall at the beginning of the recoveries that began in 1991, 2001, and 2009, these recoveries have come to be known as

A) pseudo recoveries. B) non-recoveries. C) double-dip recoveries. D) jobless recoveries.