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Joe Is an Unemployed Worker

question 93

Multiple Choice

Joe is an unemployed worker.The LEAST likely cause of his unemployment is:


Definitions:

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers, typically downward sloping.

Marginal Cost

The expense incurred from the manufacture of an extra single product or service.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a certain period of time.

Profit Maximization

The approach a corporation takes to figure out the price and production level that brings in the most profit.

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