A General Competitive Equilibrium

question 47

Multiple Choice

A general competitive equilibrium:

• A)must lie on the production contract curve.
• B)requires the input prices to be equal to the respective marginal productivities.
• C)can be attained only if the inputs are perfectly substitutable.
• D)is attained at a point where two isoquants intersect each other.

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Definitions:

Corporate America

Corporate America is a colloquial term describing the United States’ business sector, particularly large corporations and their practices.

Sexual Coercion

The act of using pressure, alcohol, drugs, or force to have sexual contact with someone against their will.

Unwanted Sexual Attention

Inappropriate and unwelcome behavior of a sexual nature that can create a hostile work environment and cause distress for the recipient.

Gender Harassment

A form of harassment involving unwelcome and demeaning attitudes, behaviors, or actions directed at someone because of their gender.