Use the table below to answer the following question.UnitsMaximum Willingness to PayMarket Price1$14$102121031010481056106410What is the value of consumer surplus?
A. $6
B. $54
C. $44
D. $12
Answer: D
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Although McDonalds operates in a market structure with many competitors and substitute foods, it often engages in ________ with its major fast food competitors
A) monopoly behavior. B) oligopoly behavior. C) competitive behavior. D) none of the above.
Which of the following would constitute the strongest evidence of employment discrimination against female employees?
a. The average wage of female workers is lower than the average wage of males. b. The average wage of female employees is lower than the average wage of males with similar productive characteristics. c. The mean number of years of schooling of female workers is lower than that of males. d. The average hours worked by female employees is less than the average hours worked by males.