The figure above shows the relationship between the price of a dozen roses and the quantity of roses a florist can sell. The relationship between the price and the quantity the florist can sell is

A) positive.
B) negative.
C) nonexistent.
D) linear.
E) cross-sectionally trended.

B

Economics

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Annie had a job as a human resource manager of a restaurant chain that went out of business due to a downturn in the economy

She looked for work for six months and gave up because she was convinced that she could not find a suitable job to fit her skill set. In this instance she would be counted as a A) job leaver. B) reentrant. C) discouraged worker. D) labor force participant.

Economics

If a group of individual consumers can be treated as a single representative consumer, then the aggregate consumer surplus of the group can be measured along the market demand curve.

Answer the following statement true (T) or false (F)

Economics