Which of the following statements are positive? The minimum wage creates unemployment among young and unskilled workers. The minimum wage ought to be abolished. If the price of a product in a market decreased, other things equal, quantity demanded will increase. A little bit of inflation is worse for society than a little bit of unemployment. There is a tradeoff between inflation and unemployment in the short run. If consumer income increases, other things equal, the demand for automobiles will increase. The U. S. income distribution is not equitable. U. S. workers deserve more liberal unemployment benefits. If interest rates increase, investment will decrease. If welfare benefits were reduced, the country would be better off.

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.