Examlex

Solved

Nelda Is Married to Chad, Who Abandoned Her in Early

question 78

Multiple Choice

Nelda is married to Chad, who abandoned her in early June of 2017. She has not seen or communicated with him since then. She maintains a household in which she and her two dependent children live. Which of the following statements about Nelda's filing status in 2017 is correct?


Definitions:

Short Run

A time period in which at least one factor of production is fixed, limiting the ability of firms to adjust to market changes.

Long Run

A period in which all factors of production and costs are variable, allowing full industry adjustment.

Labor Supply

Refers to the total hours that workers or the labor force are willing to work at a given wage rate.

Apple Pickers

Workers or laborers who specialize in harvesting apples from orchards during the picking season.

Related Questions