Given the information in the table shown, what is the market price?

This table shows price and quantity produced for a single firm in a perfectly competitive market.



A. $20

B. $10

C. $2

D. $260

B. $10

Economics

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A nation whose labor market is highly integrated with other nations in a currency union is more ______ to join because ______.

A) unlikely; workers would suffer real wage declines if they have competition from foreign workers B) unlikely; firms would find it expensive to hire workers if they have to pay in the common currency C) likely; labor market integration means that when there are asymmetric demand shocks the adjustment can be eased by migration of workers D) likely; labor force rules and policies can be harmonized more easily

Economics

Milton Friedman is widely considered to be the father of monetarism

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

Economics