Which of the following programs is not included in the federal income security spending?
a. Social Security
b. welfare
c. education
d. unemployment compensation
c
Economics
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The main problem with a regulatory commission setting P = ATC is that the regulated firm will
a. experience a loss b. find its demand curve shifting to the left c. earn economic profits d. refuse to make new purchases of capital e. have little incentive to keep costs down
Economics
The profit-maximizing employment level for a monopsonist occurs where
a. wage = MLC b. wage = MRP c. price = wage d. wage = TLC e. MRP = MLC
Economics