If a consumer is buying three goods A, B, and C, then she will be in equilibrium when total utility from each good is equal

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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The graph shows the labor market for teenagers in Atlanta. If the government sets a minimum wage of $6 an hour, then the maximum amount that a teenager would be willing to spend on job search is ________ an hour

A) $2 B) $4 C) $5 D) $6 E) $3

Economics

Which scenario will most likely happen as employers and employees increase their usage of the Internet in the job search process?

a. Job-related information will become more costly and cyclical unemployment will go up. b. Job-related information will become less costly and frictional unemployment will go up. c. Job-related information will become more costly and structural unemployment will go down. d. Job-related information will become less costly and frictional unemployment will go down.

Economics