Suppose the working age population in Tiny Town is 100 people. If 25 of these people are NOT in the labor force, the ________ equals ________

According to this Application, the United States was found to have violated international trade laws by imposing excessive ________ on Chinese ________ of goods such as solar panels

A) quotas; imports B) quotas; exports C) tariffs; imports D) tariffs; exports

Electric utility companies have built larger and larger electric generating stations and, as a result, the long-run average cost of producing each kilowatt hour decreased. This is an example of

A) increasing marginal returns. B) diminishing marginal returns. C) economies of scale. D) diseconomies of scale.