Using the data in the above table, which worker at Jefferson's Cleaners has the highest marginal product?

If the demand curve for a life-saving medicine is perfectly inelastic, a reduction in supply will cause the equilibrium price to: a. rise and the equilibrium quantity to fall

b. rise and the equilibrium quantity to stay the same. c. rise and the equilibrium quantity to rise. d. stay the same and the equilibrium quantity to fall.

In general, a plaintiff and defendant should be expected to settle if the expected ________ from the litigation is ________ the expected ________.

A) gain; greater than; loss B) loss; greater than; gain C) loss; less than; gain D) loss; exactly one half of; gain