This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the figure above, the difference in wage rate between low-skilled and high-skilled labor is A) ... (Read 180 times)

schs14

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
In the figure above, the difference in wage rate between low-skilled and high-skilled labor is
 
  A) 16.
  B) 8.
  C) 20.
  D) 28.

Question 2

At the best affordable point, consumers equate their marginal rates of substitution to
 
  A) their money income.
  B) their real income.
  C) relative prices.
  D) relative quantities.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

catron30

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


schs14

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
The difference between a human and an ape. The difference between a human and an ape.
The Laguna Santero, Retablo and high altar of the Church of San José, Old Laguna Pueblo, New ... The Laguna Santero, Retablo and high altar of the Church of San José, Old Laguna Pueblo, New ...
Rank-order correlations show that differential consistency remains high from childhood through late ... Rank-order correlations show that differential consistency remains high from childhood through late ...
Difference Between Solar and Sidereal Day Difference Between Solar and Sidereal Day
Difference Between a Sidereal Month and a Synodic Month Difference Between a Sidereal Month and a Synodic Month
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library