Match each of the following terms to the phrase that describes it. Answers are used only once.

Which of the following areas is least likely to be a part of a standard title block?

Standards for sheet sizes, title blocks, and associated lists, both inch and metric, are covered in one ASME standard.

In recent years, the standards have only recommended two line weights: thick and thin.

If each taxpayer paid $1000 regardless of income level, this would be a _______ income tax.

A Lorenz curve showing perfect equality in the distribution of income:

  The production possibilities table given below shows how many bushels of either wheat or rice can be produced in India and Canada with 1 unit of input. To achieve gains from specialization:   Country Wheat (Bushels) Rice (Bushels) India 10 10 Canada 40 20

Refer to the above graph. Under monopsony in the hiring of labor services, the wage rate will be:

Refer to the above diagram. All data are for the short run. Which of the following statements is correct? 

Which of the above shows the correct relationship between demand and marginal revenue for an imperfectly competitive firm?