When the elasticity of labor demand is _____, employers are at a(n) _____. (Check all that apply.)

Consider the market graph above. If Price = $3, then this market is experiencing:

Astromech Corporation makes and sells pencil sharpeners. They sell their pencil sharpeners for $32.39 each. They have fixed costs of $4,700 and variable costs per unit are $19. In order to break even, the company must earn $_____.00 in Total Revenues. (Enter only the dollar value, no decimals, and no dollar sign.)

Consider the market graph above. If Price = $5, then this market is experiencing:

An increase in interest rates for producers will cause a(n) _____ in equilibrium price and a(n) _____ in equilibrium quantity.

Based on the information in this table, what is AVC at Q = 8? (Enter only the answer value, exclude AVC =, just enter the number.)

For an inferior good, a decrease in consumer income will cause a(n) _____ in demand and a(n) _____ in quantity supplied.

A new advance in production technology will cause a(n) _____ in equilibrium price and a(n) _____ in equilibrium quantity.

Jobs that require _____ training costs typically have _____ labor supply. (Check all that apply.)

Given the following information, MC = $_____ at Q = 19? (Input only the number value to 2 decimals. Exclude the $ sign.)AVC = $1.69 when Q = 18AVC = $1.74 when Q = 19