________: level of output at which average total costs equal average revenue or market price

Dahlia can earn $60,000 a year working at a relatively safe job, or $65,000 a year working at a riskier job

The probability of death from working at the relatively safe job is 1/5,000, and the probability of death from working at the riskier job is 1/1,000. Using the compensating differential approach and the above information, what is the value of Dahlia's life? A) $2 million B) $2.5 million C) $6.25 million D) $25 million

In recent years, the poorest 20 percent of the U.S. population received approximately 15 percent of the total income

a. True b. False Indicate whether the statement is true or false