Fill in the blank: Your authors claim ________ has been the rule rather than the exception through almost all of human history

Which of the following is an example of labor as a factor of production?

A.) People who bring together the skills necessary for creating products and services. B.) The skills and abilities of workers. C.) People who are paid an hourly wage but not those paid a salary. D.) A college or university that educates people.

In Table 9.4, Market 3 would be in equilibrium if buyers believed plums accounted for:

A. 11.11% of the market. B. 22.22% of the market. C. 33.33% of the market. D. 66.67% of the market.