The AD curve shows that as price increases, amount demanded will _________.

If the people who take early retirement are not counted in the working-age population, then

A) the unemployment rate would be lower. B) the labor force participation rate would be less. C) the unemployment rate would be higher. D) the labor force participation rate would be higher.

In regulating a natural monopoly, the price strategy that ensures the highest possible output and zero profit is one that sets price

A) corresponding to the demand curve where marginal revenue equals zero. B) equal to average variable cost where it intersects the demand curve. C) equal to average total cost where it intersects the demand curve. D) equal to marginal cost where it intersects the demand curve.