Curve (3) in the diagram is a purely competitive firm's:

Refer to the scenario above. Which of the following will happen if she puts him into a day care?

A) The country's GDP will decrease by $12,000. B) The country's GDP will increase by $12,000. C) The country's GDP will remain unchanged. D) The country's trade deficit will increase by $12,000.

A pooling equilibrium occurs when

A) dissimilar workers are paid alike. B) firms can distinguish between workers of different qualities. C) workers of the same quality are paid different wages. D) all workers are overpaid equally.