In the figure above, the number of unemployed workers is
A) 4,000.
B) 3,000.
C) 2,000.
D) 5,000.
E) zero.
A
Economics
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The marginal cost (MC) curve intersects the
A) ATC, AVC, and AFC curves at their minimum points. B) ATC and AFC curves at their minimum points. C) AVC and AFC curves at their minimum points. D) ATC and AVC curves at their minimum points.
Economics
Which of the following is an example of an ad valorem tax?
A) 5% of price. B) 5% of quantity sold. C) $0.50 per unit sold. D) Government regulation.
Economics