Refer to the information provided in Figure 31.2 below to answer the question(s) that follow. Figure 31.2Refer to Figure 31.2. Point ________ can not be produced by the people of this society.

If the rate of unemployment is neither rising nor falling, then the number of people finding jobs must equal the number of people:

A. unemployed. B. losing or leaving jobs. C. looking for jobs. D. leaving the labour force.

In a natural monopoly situation

A) there are large economies of scale relative to demand. B) the firm has an upward sloping average cost curve. C) producers try to differentiate their product with advertising. D) there is no need for government regulation.