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Author Question: Which of the following helps to explain why the supply curve of labor is upward sloping? A) The ... (Read 115 times)

AEWBW

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on: Jun 29, 2018
Which of the following helps to explain why the supply curve of labor is upward sloping?
 
  A) The substitution effect of a price change makes a good more expensive relative to other goods.
  B) The supply curve of labor is a derived supply curve; since the output supply curve is upward-sloping so is the labor supply curve.
  C) As the wage rate rises, the income effect causes the quantity of labor supplied to increase.
  D) As the wage rate rises, the opportunity cost of leisure rises.

Question 2

The most important of the factors that make a firm successful and that can be controlled by the firm's owners and managers are
 
  A) lobbying government to erect or enforce entry barriers in its markets and the marketing of its products as widely as possible.
  B) the establishment of trademarks for its products and the aggressive defense of those trademarks.
  C) the differentiation of its products and the production of products at a lower average cost than competing firms.
  D) the selection of the prices of its products and the selection of the most productive and loyal employees.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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itsakadoozi

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Reply #1 on: Jun 29, 2018
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.
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AEWBW

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

sultansheikh

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Reply 3 on: Yesterday
Excellent

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