Refer to Figure 8.2. As the competitive industry, not just the firm in question, moves toward long-run equilibrium, the firm will be forced to operate at what level of output?

According to the Keynesian fixed wage theory, real wages should be

a. positively correlated with income. b. not correlated with income. c. fixed. d. negatively correlated with income.

When a child-care agency refuses to hire Jack simply because he is male, it is called: a. wage discrimination

b. job-entry discrimination. c. affirmative action. d. environmental factor discrimination.