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The diagram below shows college enrollment in the United States by gender:
Since 1980, more women have enrolled in college than men. While some people have argued this reflects a worsening situation for men, it is important to note that until 2010, male enrollment was also rising, just less quickly than female enrollment.
1. Why did female enrollment rise faster than male enrollment from 1980-2010?
2. Why did enrollment for both genders decline starting around 2010?
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(a) What is the expected number of households who are seeking price information?. (b) What is the expected number of households who are seeking information
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Suppose that a firm produces 140,000 units a year and sells them all for $15 each. The explicit costs of production are $1,700,000 and the implicit costs of pro
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