The unemployment that results from the process of matching workers and jobs is called frictional unemployment
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following conditions would definitely cause a perfectly competitive company to shut down in the short run?
A) P < MC B) P = MC < AC C) P < AVC D) P = MR
Economics
Which of the following is NOT a feature of a monopolistically competitive market?
A) numerous buyers and sellers B) differentiated products C) advertising D) a homogeneous product
Economics