Which of the following is not a valid explanation for the high unemployment rate among African American teens?
A. discrimination
B. concentration in inner cities where job opportunities for less-skilled workers are inadequate
C. lack of desire to work
D. minimum wage law
Answer: C
Economics
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In the above figure showing a perfectly competitive firm's total revenue line, the firm's marginal revenue
A) falls as output increases. B) does not change as output increases. C) rises as output increases. D) cannot be determined.
Economics
Explain the difference between the "fair rules" and the "fair results" guidelines for competitive market fairness
What will be an ideal response?
Economics