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

Author Question: After an increase in the demand for construction workers, the market will attain its new long-run ... (Read 66 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
After an increase in the demand for construction workers, the market will attain its new long-run equilibrium faster if
 
  A) wages are flexible.
  B) wages are inflexible, forcing new people to enter the market.
  C) unions restrict the number of new construction workers.
  D) people ignore the shortage in the short run.

Question 2

A demand curve for a normal good
 
  A) slopes upward and to the right.
  B) is constructed based on the assumption that income is rising.
  C) is constructed based on the assumption that an inverse relationship exists between price and income.
  D) shows the inverse relationship between price and quantity demanded.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lolol

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


karen

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Features found in a long bone. Features found in a long bone.
Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The Major trunk lines carrying long-distance traffic crisscrossed the area east of the Mississippi. The
Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
The features found in a long bone. The features found in a long bone.
Some of the symbols used in pedigree construction. Some of the symbols used in pedigree construction.
Each chromosome consists of a single, long molecule of DNA within which are the sequences of individ Each chromosome consists of a single, long molecule of DNA within which are the sequences of individ
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library