If price is equal to average variable cost, a perfectly competitive firm breaks even

As the price of a resource decreases,

a. demand for that resource increases. b. the quantity demanded of that resource decreases. c. the supply of that resource increases. d. producers are more willing and able to hire that resource. e. producers are less willing and able to hire that resource.

Deregulation has contributed to

A) an increase in union membership. B) declines in union membership. C) higher wages in unions. D) an increase in union power.