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Author Question: An English auction consists of ________. A) an auctioneer and several bidders B) one auctioneer ... (Read 63 times)

FButt

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on: Jun 29, 2018
An English auction consists of ________.
 
  A) an auctioneer and several bidders
  B) one auctioneer and one bidder
  C) few auctioneers and several bidders
  D) several auctioneers and one bidder

Question 2

An effective minimum wage tends to create unemployment among unskilled workers because it
 
  A) reduces the demand for their labor services.
  B) increases the supply of their labor services.
  C) reduces the marginal productivity of their labor services.
  D) reduces the quantity demanded for their labor services while increasing the quantity supplied of their labor services.
  E) generates all of the above.


ansleighelindsey

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

A

Answer to Question 2

D


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