Refer to the data. The average product (AP) when two units of labor are hired is:

Refer to Figure 2-8. What is the opportunity cost of 100 dozen roses?

A) 0.8 dozen orchids B) 5 dozen orchids C) 40 dozen orchids D) 80 dozen orchids

Which of the following resulted in a retaliation by the United States of increased tariffs on cheeses and meats from Europe?

(A) Steel Tariff of 2002 (B) Beef War of 1999 (C) Smoot-Hawley Tariff of 1930 (D) Chicken Tariff of 1963