Policy makers have adequate information to know what appropriate monetary policies to adopt

The monopsony will hire the amount of labor so that the

A) demand for labor equals supply for labor. B) value of marginal product of labor equals the wage rate. C) value of marginal product of labor equals the marginal cost of labor. D) supply for labor equals the wage rate.

If Blake can pick more cherries in one hour than Cody, then Blake has a comparative advantage in cherry picking

Indicate whether the statement is true or false