Unit Test — Unit test Answers
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This graph shows the US unemployment rate from August 2010 to November 2011. This graph could help the US government
A
allocate natural resources.B
limit production nationwide.C
make an economic prediction.D
address a shortage emergency.22
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When prices drop below the point where supply and demand meet, it results in
A
coordination.B
disequilibrium.C
equilibrium.D
production.23
The chart shows the marginal cost and marginal revenue of producing apple pies. What most likely will happen if the pie maker continues to make additional pies?
A
The marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, decreasing the profit earned for each pie.B
The marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, increasing the profit earned for each pie.C
The marginal costs will continue to rise, increasing the total cost, while the marginal revenue remains the same, increasing the profit earned for each pie.D
The marginal costs will continue to fall, decreasing the total cost, while the marginal revenue remains the same, decreasing the profit earned for each pie.Did you find these answers helpful?
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