A microeconomist may study the following topics, except Group of answer choices the impact of foreign competition on the U. S. auto industry the effects of rent control on housing in San Francisco the effects of raising cigarette taxes on cigarette consumption among teenagers the effect of a federal income tax cut on the overall production of goods and services

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates

Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question