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Author Question: Suppose at the going wage rate of 20 per hour, firms can hire as many hours of janitorial services ... (Read 75 times)

james9437

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on: Jun 29, 2018
Suppose at the going wage rate of 20 per hour, firms can hire as many hours of janitorial services as they desire. If any firm tries to lower the wage rate to 19, it will not be able to hire any janitor.
 
  What does this indicate about the supply curve for janitorial services?
  A) Supply is relatively inelastic. B) Supply is perfectly elastic.
  C) Supply is unit-elastic. D) Supply is perfectly inelastic.

Question 2

If a corporation goes bankrupt, bondholders have ________ on the firm's assets.
 
  A) second claim, after stockholders, B) no claim
  C) first claim D) third claim, after the IRS and stockholders,
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
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scrocafella

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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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james9437

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

Joy Chen

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Reply 3 on: Yesterday
Excellent

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