In the short run, if a firm operates, it earns a profit of $500. The fixed costs of the firm are $100. This firm has a producer surplus of

The Bureau of Labor Statistics (BLS) compiles information about employment by

A) performing a census of every household in the nation. B) performing a quarterly survey 6,000,000 households. C) performing a monthly survey of 60,000 households. D) determining the average estimate of labor market specialists around the nation. E) contacting each of the 50 states' Departments of Labor.

Consumer surplus is the value of a good minus the cost of producing it, summed over the quantity bought

Indicate whether the statement is true or false