Consider the following production table: Labour Capital Output (i) 1,000 1,000 10,000 (ii) 2,002 2,000 20,010 Assuming that the production function displays constant returns to scale, what is the marginal product of labour when labour and capital are both equal to 1,000?

If unemployment rate among workers with no high school diploma is represented by NS, unemployment rate among workers with an high school diploma is represented by HS, and unemployment rate among workers with a bachelor's degree is represented by BS,

then which of the following statements is true? A) HS > NS > BS B) NS > HS > BS C) BS > HS > NS D) NS > BS > HS

Protection is rarely withdrawn from infant industries because such firms are necessary to ensure creation of domestic jobs

a. True b. False Indicate whether the statement is true or false