The table above shows the labor demand and labor supply schedules for a nation. The equilibrium real wage rate is ________ and the equilibrium quantity of labor is ________ billions of hours per year

A) $25; 260
B) $20; 280
C) $20; 260
D) $15; 260
E) $40; 320

B

Economics

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The table above shows the demand and costs for a single-price monopolist. The firm can maximize its profit by setting its price at

A) $30 per unit. B) $35 per unit. C) $40 per unit. D) $45 per unit.

Economics

The landmark antitrust case which established that size alone can be an antitrust violation is the:

a. U.S. Steel case. b. Brown Shoe case. c. Von's Grocery case. d. ALCOA case. e. Pabst Brewing case.

Economics