While moving along a production possibilities frontier, the amount of labor ________, the amount of capital ________, and the level of technology ________.
A) varies; varies; varies
B) varies; is fixed; is fixed
C) is fixed; is fixed; is fixed
D) is fixed; is fixed; varies
E) varies; is fixed; varies
Question 2
If the minimum wage is set
A) above the equilibrium wage rate, it will create unemployment.
B) equal to the equilibrium wage rate, it will create a shortage of labor.
C) below the equilibrium wage rate, it will create unemployment.
D) equal to the equilibrium wage rate, it will create a surplus of labor.
E) below the equilibrium wage rate, it will create a shortage of labor.
projections of future oil production
Protraction and Retraction Protraction–Moving a body part forward. Retraction–Moving a body part bac
Moving box
Apply deep circular friction with the fingertips to the erector muscles on the right side, moving ...
Moving currents are affected by Earth’s rotation
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product