The ebbs and flows of the economy over time is called the

Migration of educated individuals from developing- to developed countries is referred to as the

a. survival of the fittest b. demographic transition c. disguised unemployment d. brain drain e. none of the above

If a monopolistically competitive firm can earn a profit, it will increase production until:

a. MR > AVC. b. MR = ATC. c. MC > MR. d. MR = AR. e. MR = MC.