Structural unemployment may be particularly severe for
a. younger workers
b. college graduates.
c. older workers.
d. workers with "high tech" skills.
c
Economics
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Marginal cost refers to the ________ cost incurred when choosing a particular action
A) total B) net C) implicit D) additional
Economics
If a perfect competitor is currently charging $9 for its product and the marginal cost of the last unit produced is $6, the firm should
a. cut back production and increase price b. stay at its current price and output level c. increase price and output d. increase price and hold output constant e. increase output
Economics