Which of the following conditions could lead to an inefficient quantity of pretzels being produced?
A) the existence of many producers of pretzels
B) the existence of many consumers of pretzels
C) the existence of a single producer and seller of pretzels
D) All of the above conditions could cause the actual quantity of pretzels to be an inefficient quantity.
C
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Spreading wealth across multiple investments is called
A) diversification. B) arbitrage. C) speculation. D) asset liquification.
The results of the Bureau of Labor Statistics' establishment survey measure
A) only the number of nonfarm payroll workers who have found employment. B) only the number of nonfarm payroll workers who have lost jobs. C) the net change in nonfarm payroll worker employment. D) the number of nonfarm payroll workers and farm workers who have found jobs minus the number of nonfarm payroll workers and farm workers who have lost jobs and are no longer seeking employment.