1. If the output of an industry goes up, and the number of workers falls, then labor productivity will:

a. Rise

b. Fall

c. Stay the same

2.How much does productivity of the electronic shopping and mail order industry increase between 2005 and 2015?

a. 134%

b. 81%

c. 74%

d.  10%

3. How much does the productivity of the local freight trucking industry increase between 2005 and 2015?

a. 134%

b. 81%

c. 74%

d.  10%

4. Suppose the new drone fleet means that it is less costly to the company to deliver shirts.  This means that:

a. The demand curve for shirts shifts to the left

b. The demand curve for shirts shifts to the right

c. The supply curve for shirts shifts to the left

d.  The supply curve for shirts shifts to the right.

5. Following up on question 4, what happens to the price of shirts to consumers, including delivery costs.

a. The price of shirts goes up because drones are expensive.

b. The price of shirts goes down because delivery by drone is cheaper.