Jennifer wants to buy a pound of cheese. She is willing to pay up to $5 per pound for her favorite brand. A local store currently sells her favorite brand for $4 but is willing to receive $3.50 per pound. The surplus earned by the store is _____

Governments around the world tend to auction quota licenses

A) never. B) seldom. C) often. D) always.

Labor productivity is represented by which of the following?

A) the ratio of output to employment B) workers per unit of capital C) capital per worker D) the ratio of output to population E) the ratio of output to the labor force