Answer:
False, supply is not derived from a producer's desire to minimize profits.
Explanation:
Producers do not desire to minimize profits through supply, rather the desire to maximize profits through demands.
Answer:
The answer is Price fixing.
Explanation:
number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.
Answer: 4. the national unemployment rate and the LFPR both go up
Explanation:
The National Unemployment Rate is a measure of people who are actively seeking work but are still not employed. Bill is actively seeking employment but does not have it and so is in this category. As a result of his inclusion, this rate increases.
The Labor Force Participation Rate (LFPR) is a measure of an economy's ACTIVE workforce.
It is calculated by dividing the number of all workers who are employed or ACTIVELY SEEKING employment divided by the total noninstitutionalized, civilian working-age population.
Bill also falls under this category and so his inclusion here also serves to increase this rate.