In the figure above, what is Gap's markup?

Explain how the labor force participation rate, the unemployment rate, and the percentage of the labor force employed part time change in a recession

What will be an ideal response?

The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. When the marginal social benefit is equal to the marginal social cost of chocolate in Kaffenia

A) either 100 pounds or 250 pounds can be produced each day. B) no chocolate is produced. C) 150 pounds will be produced each day. D) any quantity up to 150 pounds will be efficient.