"Mismatch" unemployment is another name for ________ unemployment
A) frictional
B) structural
C) cyclical
D) natural
B
Economics
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The horizontal demand curve facing an individual firm in a perfectly competitive market: a. violates the law of demand, which states that demand curves slope downward. b. is a reflection of the firm's small size relative to the total market
c. is maintained only with the help of high barriers to entry. d. is a reflection of the inelastic demand for its product.
Economics
As price rises, quantity demanded ___________.
Fill in the blank(s) with the appropriate word(s).
Economics