« previous next »

Author Question: A marginally attached worker is a person who ________. A. works part time for economic reasons ... (Read 124 times)

brutforce

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
A marginally attached worker is a person who ________.
 
  A. works part time for economic reasons
  B. works part time for noneconomic reasons
  C. doesn't work, is available and willing to work, but hasn't looked for job recently
  D. has no job but would like one and has gone back to school to retrain

Question 2

If the production of a particular good causes a negative externality, would the equilibrium quantity in a competitive market be less than the efficient quantity or would it be greater than the efficient quantity?
 
  What will be an ideal response?


TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

C Answer C is essentially the definition of a marginally attached worker.

Answer to Question 2

The marginal social cost of a good with negative externalities is greater than its marginal private cost. Since firms consider the marginal private cost of a good, more of the good is produced than is socially desirable.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and Measures of ocean chlorophyll-a concentrations from part of Atlantic Canada in (a) January 2006, and
When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive When Union troops pushed toward Richmond in June of 1862, these slaves crossed the Rappahannock Rive
Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ... Earth scientists have devised a scheme to divide the planet’s natural history into distinct time ...
How to solve two inequalities at once (Part 2) How to solve two inequalities at once (Part 2)
Physics: Power, Energy and Time Physics: Power, Energy and Time
economic question economic question
Video: Evolutionary tree of life Animation

For a complete list of videos, visit our video library