In the following graph, the price of capital is $12 per unit. If the price of labor is $30 per unit, the lowest possible cost of producing 200 units of output is

Which of the following is not true with regard to mutual funds? a. Some mutual funds allow investors to invest in all stocks in a given market

b. Mutual fund returns are greater than those for an individual who selects his/her own stocks. c. They allow individuals to spread risk across many different companies. d. Investors gain access to the services of a financial expert.

________ is an attempt to ensure that more union labor is hired than producers would prefer. For example, a musician's union may require more musicians be employed in a Broadway musical than is required

a. Filibustering b. A lockout c. Binding arbitration d. Featherbedding