Buying a product in one market and selling it in another is called

A cost not borne by the producer but borne by other people is known as ________ cost

A) a marginal B) an internal C) an external D) a nonessential E) a subsidized

Other things remaining the same, which of the following is likely to happen if all homemakers in an economy start working as paid labor?

A) There will be a fall in both the wage rate and the employment level. B) There will be an increase in both the wage rate and the employment level. C) There will be an increase in the wage rate in the country and a fall in the employment level. D) There will be a fall in the wage rate in the country and an increase in the employment level.