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Author Question: The price elasticity of the supply of teenage labor services is approximately 1.36. Suppose the ... (Read 58 times)

dalyningkenk

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on: Jun 29, 2018
The price elasticity of the supply of teenage labor services is approximately 1.36. Suppose the minimum wage rises from 7.25 per hour to 8.75. Using the midpoint formula, what is the approximate change in the quantity of teenage labor supplied?
 
  A) 7.3 percent
  B) 14.4 percent
  C) 25.5 percent
  D) There is insufficient information to answer the question.

Question 2

Refer to Table 9-12. With trade, what is the total gain in belt production?
 
  A) 20 B) 40 C) 60 D) 120
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tofugiraffe

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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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dalyningkenk

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

brbarasa

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Reply 3 on: Yesterday
Excellent

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