If an increase in price results in no change in total revenue, then demand must be

Suppose there are profit maximizing, competitive buyers and sellers of labor in an industry, and the amount of capital is fixed for each firm. Explain under what condition the output price will equal the wage rate

What will be an ideal response?

A private investment firm that holds a portfolio of securities is called a mutual fund.

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