During the 20th century, the percentage of unskilled laborers in the U.S. rose steadily
Indicate whether the statement is true or false
False
Economics
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Of the following industries, which are perfectly competitive? For those that are not perfectly competitive, explain why
a. Restaurants b. Corn c. College education d. Local radio and television
Economics
In Figure 5.7, assuming perfect competition, at MR1 there will be
A. short-run pressure on the price to rise. B. long-run pressure on the price to rise. C. short and long-run pressure on the price to rise. D. no pressure on the price to change.
Economics