Which of the following goals is most likely to help Jane reduce her body fat from 30% to 20%?
a. "I will reduce my body fat to 20% body fat through exercising."
b. "I will reduce my body fat to 20% body fat through eating right."
c. "I will reduce my body fat to 20% body fat in 2 weeks."
d. "I will reduce my body fat to 20% body fat in 20 weeks."
Ans: "I will reduce my body fat to 20% body fat in 20 weeks."
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In the short run, a firm should shut down if its economic loss from operating exceeds its total fixed cost
a. True b. False Indicate whether the statement is true or false
How does competition from nonunion firms and foreign producers affect the ability of a union to increase the wages of its members?
a. Such competition reduces the ability of a union to achieve wage increases. b. Such competition does not affect the ability of a union to achieve wage increases. c. Such competition will increase the strength of a union if it produces a product sold in the domestic market but reduce the strength of the union if it produces an export product. d. The effect of this type of competition will be entirely dependent on the elasticity of demand for labor in the domestic market.