The region that was using mechanized harvesting equipment before the Civil War was
(a) the Northeast.
(b) the South.
(c) the West.
(d) the Far West.
(b)
Economics
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Refer to Table 4-7. If a minimum wage of $11.50 an hour is mandated, what is the quantity of labor supplied?
A) 40,000 B) 570,000 C) 610,000 D) 1,180,000
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The absolute price elasticity of demand for a vertical demand curve
A) is infinite. B) is 1.0. C) is 0. D) depends on where one is on the demand curve.
Economics