The above table shows answers given by people interviewed in the Current Population Survey. Which people are structurally unemployed?

When there is a foreign monopoly exporting to the home nation, under free trade it will sell a quantity where the home ______ is just equal to the foreign ______.

a. MC; MR b. supply; demand c. demand; supply d. MR; MC

Marginal cost is

A) all the costs of the fixed inputs. B) all the costs of production of goods. C) all the costs that vary with output. D) the change in the total cost resulting from a one-unit change in output.