If the number of people employed is 240,000 and the labor force is 250,000, the unemployment rate is

What is NOT true about rational choice?

A) It is the same for all individuals. B) It can result in different decisions for different individuals. C) It involves comparing costs and benefits. D) It might turn out not to have been the best choice after the event. E) It is a choice that uses the available resources to best achieve the objective of the person making the choice.

In terms of location decisions, firms evaluate the extent to which the labor force is unionized

Indicate whether the statement is true or false