Each month, the census bureau mails survey forms to 250,000 households asking questions about the people living in the household and about such things as motor vehicles and housing costs. telephone calls are made to households that don't return the form. in one month, responses were obtained from 240,000 of the households contacted. if the household does not return the form, and cannot be contacted by telephone, this is:

The person in charge of managing the reputation of a brand is called?

Suppose the production function in an economy is y = k0.5l0.5, where k is the amount of capital and l is the amount of labor. the economy begins with 64 units of capital and 16 units of labor. use a calculator and equations in the chapter to find a numerical answer to each of the following questions. what are the wage and the rental price of capital? the wage is equal to unit(s) of output and the rental price of capital is equal to unit(s) of output.

Which of the following statements is (are) true? i. free entry to a perfectly competitive industry results in the industry's firms earning zero economic profit in the long run, except for the most efficient producers, who may earn economic rent. ii. in a perfectly competitive market, long-run equilibrium is characterized by lmc < p < latc. iii. if a competitive industry is in long-run equilibrium, a decrease in demand causes firms to earn negative profit because the market price will fall below average total cost.