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If a firm in a competitive labor market offers less than the market wage rate, it will:
A. be able to attract a large number of employees because the marginal revenue product is low.
B. find that it has broken a federal wage law.
C. attract too few employees.
D. find that the supply is greater than the demand.
Assume that before the price of X2 fell, Fred had exchanged all of his inheritance of X1 and X2 for money, planning to use the money to finance his purchases later, explain how much of X1 & X2 will Fred consume after P2 fell to 1.
q.the husband of miss young is a monopolist with constant marginal costs of 50 that can sell to three groups of
The Dodd-Frank Act modified the regulation of bank and savings institutions by:
It has been suggested that large, tall hierarchies will predominate in physical capital intensive industries, and these will typically have seniority-based promotion policies. By contrast, flat hierarchies will be seen in human capital intensive indu..
Total transactions deposits in the system are $100 billion. If the Federal Reserve wishes the money supply to increase by an additional $20 billion, the Federal Reserve could: How do I get that answer?
The graph also shows the marginal revenue curve faced by this firm. Elucidate how much profit does the monopolist earn.
Garden plots at the Aches and Pains Elderxare facility rent for $1 per square foot per month. Lucky has $100 per month to spend on her garden and bus with each bus ride costing $5. The good news is that Lucky's children will pay for half the cost of ..
One year ago a machine was purchased at a cost of $2,000, to be useful for five (5) years. However the machine failed to perform properly and has cost $200 per month for repairs, adjustments, and shut-downs. A new machine designed to perform the func..
Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? Provide specific examples to support your answers. Does a competitive firm’s price equal the minimum of the average total cost in the short run, in th..
Illustrate what are some examples of e-mail differences that causes frustration. Has the Weiner developed an effective comparison essay.
q1. why do proponents of active policy recommend government intervention to close an expansionary gap? briefly
q.male and female turtles may experience different serum cholesterol concentrations in their blood. provide an
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