According to the superstar phenomenon, the most talented person in which of the following occupations is most likely to earn extremely high wages?

The major labor market problem in the United States is ________ and in Western Europe the problem is ________.

A. increasing wage inequality; increasing wage inequality B. increasing wage inequality; high persistent unemployment C. high persistent unemployment; low average wages D. high persistent unemployment; increasing wage inequality

Refer to the information provided in Figure 2.5 below to answer the question(s) that follow. Figure 2.5Refer to Figure 2.5. For this economy to move from Point B to Point C so that an additional 20 OLED televisions could be produced, production of LCD televisions would have to be reduced by

A. more than 30. B. exactly 60. C. fewer than 30. D. exactly 30.