Alpha Gear is a fitness apparel company. One of their best selling products are their joggers. The company sells joggers under a block pricing scheme that charges $20 per pair of joggers if the customer buys up to 10 joggers and $14 if they buy 11 to 20 joggers. The demand curve is Q = 1000 - 40P, and the marginal cost of making a pair of joggers is $11. What are the profits for Alpha Gear under this pricing scheme? 2520 1800 1320 3120

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.