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Author Question: Refer to Table 4-8. If a minimum wage of 10.00 is mandated there will be a A) shortage of 40,000 ... (Read 49 times)

Cooldude101

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Refer to Table 4-8. If a minimum wage of 10.00 is mandated there will be a
 
  A) shortage of 40,000 units of labor. B) surplus of 20,000 units of labor.
  C) surplus of 40,000 units of labor. D) shortage of 20,000 units of labor.

Question 2

Overuse of a common resource may be avoided by all of the following methods except
 
  A) charging for the use of a common resource.
  B) government taking over ownership of all private common resources.
  C) setting quotas or legal limits on the quantity of the common resource consumed.
  D) issuing tradable permits for the use of a common resource.


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Christopher

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Cooldude101

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


Liddy

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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