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

Author Question: The graph shows the demand curve (D), the supply curve (S), and the marginal cost curve (MC) for a ... (Read 92 times)

tspaw0811

  • Full Member
  • ***
  • Posts: 165
on: Nov 23, 2022
The graph shows the demand curve (D), the supply curve (S), and the marginal cost curve (MC) for a firm that is a monopsony in the labor market.
 
Assume that P1=$95, P2=$191, P3=$248, Q1=17, Q2=45, Q3=90. How many workers does the monopsony hire and what wage does it pay?
After the government imposes a minimum wage of $191, employment ________ (increases/decreases) by ________.
◦ 17, $248, decreases, 45
◦ 17, $95, increases, 28
◦ 45, $191, increases, 45
◦ 45, $191, decreases, 28
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 tspaw0811 on Nov 23, 2022

marufp

  • Full Member
  • ***
  • Posts: 169
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


tspaw0811

  • Member
  • Posts: 165
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo A plot of trophic diversity across the major groups of organisms shows highest trophic diversity amo
A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ... A demand delivery system uses a fuel-pressure regulator attached to the fuel pump assembly inside ...
How to write a quadratic equation in standard form when a graph is given How to write a quadratic equation in standard form when a graph is given
J or U dose-response curve J or U dose-response curve
Sketch a graph of the function h(x), by hand on the following interval: Sketch a graph of the function h(x), by hand on the following interval:
Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo Self-crossing F2 plants to produce an F3 generation shows that there are two different genotypes amo
Video: Glycolysis - and oxygen

For a complete list of videos, visit our video library