What is the relationship between education and human capital?

Education amounts to investment in human capital.

Economics

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A monopolistic competitive firm in the long run sets price equal to the minimum point on the long-run average cost curve

a. True b. False Indicate whether the statement is true or false

Economics

One main difference in the rulings on the 1945 Alcoa case and the 1956 Dupont cellophane case is that the Alcoa case:

A. Focused on structure whereas the Dupont case focused on behavior B. Focused on behavior whereas the Dupont case focused on structure C. Defined the market broadly whereas the Dupont case defined the market narrowly D. Defined the market narrowly whereas the Dupont case defined the market broadly

Economics