What word do we use to refer to the amount of goods and services produced for each hour of a worker's time?

The word in question is productivity.

Economics

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Identify markets in which there is an exchange

What will be an ideal response?

Economics

If there are only two airlines that fly between Dallas and New Orleans, what will happen in the market for one airline if the other one goes out of business?

A. The demand curve will shift to the left. B. The demand curve will shift to the right. C. There will be a movement to the right along the initial demand curve. D. There will be a movement to the left along the initial demand curve.

Economics