Which of the Following Helps to Reduce Frictional Unemployment

question 4

Multiple Choice

Which of the following helps to reduce frictional unemployment?

• A)government-run employment agencies
• B)public training programs
• C)the Internet
• D)All of the above are correct.

---

Definitions:

Average Total Cost Curve

A graphical representation showing how the average cost per unit of output varies with the level of output.

Profit-Maximizing Quantity

The quantity of output that an entity can produce and sell at the highest profit, considering its costs and market demand.

Long-Run Equilibrium

A state in which all firms in a given industry are making zero economic profit, leading to an optimal allocation of resources given current technology and factor prices.

Selling Price

The amount of money for which a product or service is sold to consumers.