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Author Question: A professional tennis player enters fewer tournaments each year as the prize money she won ... (Read 111 times)

APUS57

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  • Posts: 571
on: Jun 29, 2018
A professional tennis player enters fewer tournaments each year as the prize money she won increased. This observation indicates that the tennis player
 
  A) is irrational.
  B) has shifted her labor demand curve leftward.
  C) has shifted her labor supply curve rightward.
  D) has a backward bending labor supply curve.

Question 2

The above (incomplete) table provides information about the relationships between output and various cost measures. The total fixed cost (TFC) for the firm is
 
  A) zero.
  B) 45.
  C) 10.
  D) None of the above answers is correct.


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shaquita

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

D

Answer to Question 2

C


APUS57

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

epscape

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Reply 3 on: Yesterday
Gracias!

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