The average duration of unemployment across the labor force is about

Interlace, Inc produces and a unique soda. The company cannot price discriminate. The figure above shows Interlace's demand curve, marginal revenue curve, and marginal cost curve. Interlace's profit maximizing price is ________ per bottle

A) 70 cents B) 50 cents C) 40 cents D) 1 dollar

Over time, quotas usually lead to larger deadweight losses than tariffs

Indicate whether the statement is true or false