If the long-run average cost curve continuously slopes upward as output rises, minimum efficient scale would be

A. nonexistent.
B. at the midpoint of the long-run average cost curve.
C. at the rate of output associated with the smallest sized plant the firm can build.
D. zero.

In each of the following, what happens to the unemployment rate? does the unemployment rate give an accurate impression of what’s happening in the labor market? a.esther lost her job and begins looking for a new one.b.sam, a steelworker who has been out of work since his mill closed last year, becomes discouraged and gives up looking for work.c.dan, the sole earner in his family of 5, just lost his $90,000 job as a research scientist. immediately, he takes a part-time job at starbucks until he can find another job in his field.