A discouraged worker is one who:
a. is underqualified for his current job

b. dislikes his current job but is afraid to quit.
c. drops out of the labor force because he cannot find a job.
d. quits his job because the possibility of advancement was very low.
e. is overqualified for his current job.

c

Economics

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The above table gives the demand and supply schedules for cat food

If the price is $3.00 per pound of cat food, will there be a shortage, a surplus, or is this price the equilibrium price? If there is a shortage, how much is the shortage? If there is a surplus, how much is the surplus? If $3.00 is the equilibrium price, what is the equilibrium quantity?

Economics

Which of the following is an example of a quasi-public good?

A) stock of knowledge in the public domain B) crime prevention C) cable television D) organic apples

Economics