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Author Question: The monopsonistic employer hires more workers until marginal: a. physical product is zero. b. ... (Read 84 times)

serike

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on: Jun 30, 2018
The monopsonistic employer hires more workers until marginal:
 a. physical product is zero.
  b. revenue product equals marginal factor cost.
  c. revenue product equals the wage.
  d. physical product equals the wage.
  e. physical product equals marginal factor cost

Question 2

The consumer price index (CPI) _____ inflation because it includes an item in the market basket only after the product becomes _____.
 a. overstates; unpopular
 b. overstates; obsolete
 c. overstates; widely used
  d. understates; widely used
  e. understates; obsolete


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TheNamesImani

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


serike

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  • Posts: 542
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

JaynaD87

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Reply 3 on: Yesterday
Excellent

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