A full-time student who is not working is categorized as
A) unemployed.
B) employed.
C) not in the labor force.
D) frictionally unemployed.
E) a discouraged worker.
C
Economics
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In a monopsony labor market, the employer hires the quantity of labor where the ________ equals the ________
A) marginal revenue of labor; marginal cost of labor B) marginal cost of labor; marginal product of labor C) marginal product of labor; value of marginal product of labor D) marginal cost of labor; value of marginal product of labor
Economics
Total physical product shows what happens to the quantity of an output when the firm changes the quantity of an input
a. True b. False Indicate whether the statement is true or false
Economics