This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Marginal Productivity Theory of Income DistributionThe graph shows the demand for low-skilled ... (Read 251 times)

wqwpfwpoefnpwenf

  • Full Member
  • ***
  • Posts: 159
on: Nov 23, 2022
The Marginal Productivity Theory of Income Distribution

The graph shows the demand for low-skilled labor (DLS), the demand for high-skilled labor (DHS), the supply of low-skilled labor (SLS), and the supply of high-skilled labor (SHS).

Assume that P1=$10.00, P2=$23.00, P3=$39.50, P4=$41.50, P5=$53.15, Q1=205, and Q2=220. What is the value of marginal product of skill? What is the compensation that workers require for the cost of acquiring a skill?
◦ $41.50, $23.00
◦ $18.50, $13.65
◦ $53.15, $41.50
◦ $13.65, $18.50
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wqwpfwpoefnpwenf on Nov 23, 2022

hiyayyay

  • Full Member
  • ***
  • Posts: 204
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


wqwpfwpoefnpwenf

  • Member
  • Posts: 159
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Pierolapithecus catalunicus may be an ancestor of great apes and humans. Its postcranial skeleton sh Pierolapithecus catalunicus may be an ancestor of great apes and humans. Its postcranial skeleton sh
Results from sequential study of two cohorts tested at three ages and at three different points in t Results from sequential study of two cohorts tested at three ages and at three different points in t
The Triangular Theory of Love The Triangular Theory of Love
Ten Leading Causes of Death in Low-Income Countries, 2008 Ten Leading Causes of Death in Low-Income Countries, 2008
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Spermatogenesis Animation

For a complete list of videos, visit our video library