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Author Question: The increased use of automatic teller machines has decreased the demand for money. Indicate ... (Read 93 times)

Arii_bell

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on: Jun 29, 2018
The increased use of automatic teller machines has decreased the demand for money.
 
  Indicate whether the statement is true or false

Question 2

Because a monopsony must raise the wage on all labor hired in order to hire more labor,
 
  A) the MCL curve is horizontal at the market wage.
  B) the MCL curve is negatively sloped.
  C) MCL = W.
  D) MCL > W.


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djpooyouma

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Arii_bell

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

AISCAMPING

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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