Which of the following is the smallest portion of the market basket of goods that makes up the CPI?

Refer to Scenario 10.2. Suppose that in addition to the tax, a business license is required to stay in business. The license costs $1000. What is the profit maximizing level of output?

A) 0 B) 90 C) 95 D) 100 E) none of the above

A labor union is a group of

a. employees who join together to improve their working conditions b. firms that join together to hire workers c. firms that work together to negotiate better prices in the market d. farmers who work together to receive better prices for their agricultural products e. workers and firm owners who join together to improve working conditions