Just after World War II, the labor-force participation rate of women was
a. about 25 percent, and in 2015 it was about 50 percent.
b. about 33 percent, and in 2015 it was about 60 percent.
c. about 50 percent, and in 2015 it was about 70 percent.
d. about 60 percent, and in 2015 it was about 80 percent.
b
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People like consuming peanut butter and jelly together. The price of peanuts increases. At the same time, we see the price for Jelly rise. This would make the price for peanut butter_____________ and the quantity demanded for peanut butter ____________
a. Uncertain; decreases b. Decreases; increases c. Decreases; uncertain d. Increases; uncertain
When a monopolist is able to price-discriminate: a. its profits tend to increase and its consumer surplus tends to fall. b. both its profits and consumer surplus tend to increase
c. both its profits and consumer surplus tend to decrease. d. its profits tend to fall and its consumer surplus tends to increase.