All else being equal, increased U.S. exports to nations in the European Union create a:

Since women earn less on average than men, we would expect that the substitution effect of a wage change would be more likely to dominate for women and the income effect would be more likely to dominate for men

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

In the long run a perfect competitor's output is _________ equal to its most efficient output.

A. sometimes B. always C. never