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Author Question: In 2006, before the start of the recession, the employment-population ratio was 63.4 percent. In ... (Read 36 times)

captainjonesify

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on: Jun 29, 2018
In 2006, before the start of the recession, the employment-population ratio was 63.4 percent. In August 2015, more than six years after the end of the recession, the ratio
 
  A) was still 50 percent lower than the ratio in 2006. B) had increased to 72.3 percent.
  C) was still only 59.4 percent. D) was back to its 2006 level.

Question 2

Refer to Figure 12-10. The total cost at the profit-maximizing output level equals
 
  A) 4,800. B) 3,300. C) 2,500. D) 1,800.


tmlewis4706

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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