In which of these countries is labor union membership as a percentage of the labor force the lowest?

Which of the following would NOT allow society to move to point "h" in the above figure?

A) an improvement in technology B) more efficient use of current resources C) an increase in quantity of labor D) an increase in quantity of capital

The maximum price that a buyer would be willing to pay for a good or service is also called:

A. the reservation price. B. the buyer-max price. C. the reserved max price. D. the opportunity cost.