Look again at the figure The Market for Sandwiches. How much total surplus would be lost if there were a quota of only eight sandwiches that could be legally exchanged at a price of $5?

The Bureau of Labor Statistics (BLS) compiles information about employment by

A) performing a census of every household in the nation. B) performing a quarterly survey 6,000,000 households. C) performing a monthly survey of 60,000 households. D) determining the average estimate of labor market specialists around the nation. E) contacting each of the 50 states' Departments of Labor.

The change in the total output of a firm associated with using one more unit of an input is referred to as the:

A) marginal product of the input. B) total product. C) average product of the input. D) variable product of the input.