If you split your dessert with your date, you are using a ________ allocation method

In the short run, a firm that incurs losses might choose to produce rather than shut down if the amount of its revenue is less than its fixed cost

Indicate whether the statement is true or false

If the supply of labor to a monopsonist is everywhere unit elastic, then the wage will equal

A) the marginal expenditure. B) one-half of the marginal expenditure. C) the marginal revenue product of labor. D) one.