If Techland's government reduces tax rates, ________
A) the economy's labor demand curve will shift to the left
B) the economy's labor supply curve will shift to the left
C) the economy's aggregate supply curve will shift to the left
D) the economy's labor demand curve will shift to the right
D
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The federal government is most likely to oppose
a. the purchase of a firm in danger of bankruptcy by a successful firm. b. a merger between two firms in a perfectly competitive industry. c. the purchase of one oligopolist by another in an industry with contestable markets. d. a merger between two firms in a three-firm industry.
Refer to the information provided in Figure 6.10 below to answer the question(s) that follow. Figure 6.10Refer to Figure 6.10. The current price of a turkey sandwich is $8. If Kyle is currently buying seven turkey sandwiches a week, he ________ maximizing utility because the marginal utility ________ than its price.
A. is not; gained from the seventh sandwich is less B. is; from the seventh sandwich is less C. is; from the seventh sandwich is greater D. is not; gained from the seventh sandwich is greater