This topic contains a solution. Click here to go to the answer

Author Question: There's not a single golf course in downtown Chicago because A) it would be physically impossible ... (Read 69 times)

karen

  • Hero Member
  • *****
  • Posts: 537
There's not a single golf course in downtown Chicago because
 
  A) it would be physically impossible to produce.
  B) it would ruin the hustle and bustle of the city.
  C) the opportunity cost of creating such a course is too low.
  D) the demand for land for non-golf uses is high enough to discourage such an investment.
  E) all of the above are true.

Question 2

Which of the following statements is true?
 
  A) A worker who undertakes general training is likely to earn above his value of marginal product.
  B) Firm-specific training results in gains to a worker and not to an employer in the labor market.
  C) Job-specific training results in gains to a worker's employer, but it does not result in gains to the worker in the labor market.
  D) Training received by a worker does not affect his wages as wage rates are determined by the forces of demand and supply in the labor market.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

blfontai

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

D

Answer to Question 2

C





 

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library