People who stopped looking for work because they could not find jobs are called discouraged workers

The most efficient combination of resources in producing a given output is the combination that:

A. comes closest to using the same quantities of land, labor, capital, and entrepreneurial ability. B. minimize the cost per unit of output. C. uses the smallest total quantity of all resources. D. conserves most on the use of labor.

The selection of particular products’ production processes

A. determines the output of other products made with those inputs at the same time. B. is part of the distribution problem in an economy. C. is accomplished without regard to profit in a laissez-faire economy. D. depends upon plans for distribution of the products.