In Figure 45.2, at the perfectly competitive equilibrium, the number of workers hired will be  Figure 45.2

The above figure gives your budget line between CDs and magazines. If the price of a magazine falls, then the budget line

A) shifts outward and the slope does not change. B) rotates inward with no change in the horizontal intercept. C) rotates inward with no change in the vertical intercept. D) rotates outward with no change in the vertical axis.

What does job lock mean?

A. A tendency for workers to remain in their jobs to keep their insurance coverage B. A job where a time clock is used C. A job that provides insurance coverage only after several years of employment D. all of these answer options are correct.