The stable to declining quality of the labor force in the United States has been brought about by which of the following:

A. the increasing number of immigrants in the work force
B. the decline in the quality of our education system
C. the higher level of living
D. the exodus of highly educated citizens

B. the decline in the quality of our education system

Economics

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What is the Degree of Operating Leverage?

What will be an ideal response?

Economics

Suppose that, in the short run, a perfectly competitive firm earns a normal profit. Which of the following is incorrect?

a. MR = price b. MR = ATC c. AR ? Q = TR d. TR = TC e. P = AVC

Economics