In purchasing products A and B, a consumer is in equilibrium when:

Jill, an economics student, has already spent 5 hours cleaning her room. In deciding whether or not to continue cleaning for another hour, she applies the economic principle of

A) scarcity. B) ceteris paribus. C) choosing at the margin. D) productivity.

In Figure 33.1, how many people would lose their jobs as a result of the minimum wage? 

A. L* B. LS-Lmin  C. L*-Lmin  D. LS - L*