Unlike budgeters in 49 states, federal officials are not required to balance the budget

Under which circumstances could the marginal cost and average variable cost curves be one and the same?

What will be an ideal response?

If a union negotiates a wage above the market equilibrium, each firm's

a. supply of labor is greater than its marginal resource cost b. supply of labor is less than its marginal resource cost c. supply of labor is equal to its marginal resource cost d. demand for labor is less than its marginal resource cost e. demand for labor is greater than its marginal resource cost