Homework Clinic
Social Science Clinic => Economics => Microeconomics => Topic started by: TFauchery on Jun 30, 2018
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If a firm does not maximize value
A) it has not focused on what is important.
B) it will shift its focus to market share.
C) it will shutdown.
D) it has paid too much in taxes.
Question 2
Which of the following best explains why garbage collectors are paid a higher wage than many others with comparable skills?
a. because of the dangers associated with collecting trash
b. because garbage collectors work much longer hours on average than do those in other jobs
c. because of the unpleasantness associated with trash collection
d. because garbage collectors possess skills that are in relatively high demand
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Answer to Question 1
C
Answer to Question 2
c