a) 83.51% b) 78.79% c) 77.72% d) 98.75% e) 100.00% 1. Which of the following is considered as cyclical unemployment? s turns down his first job offer because he thinks the salary is to b) Jane lost her job as a shop assistant due to the recent recession. c) Mary lost her iob as a typewriter because firms are now using d ef quits his job, moves to New York, and starts to look for a new job 42. Investment in cconomics includes a) a firm's purchase of machinery and equipment. b) the public library's purchase of new book:s c) student purchases of laptops d) wages paid to military personnel. 43. A 3. A monopolistically competitive firm maximizes profit a) price and marginal revenue b) price and marginal cost c) demand and marginal cost d) marginal cost and marginal revenue e) price and average total cost 44. A budget constraint illustrates the a) prices that a consumer chooses to pay for product b) purchases made by consumers c) consumption bundles that a consumer can at d). consumption bun s he consumes ford dles that give a consumer equal satisfaction. 45. Economi a). demand curves. b). budget constraints. c) indifference curves d). supply curves. sts represent a consumer's preferences using