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

Author Question: If the wage rate in a monopsonistic industry is 15, the marginal factor cost will be: a. 0. b. 1. ... (Read 55 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
If the wage rate in a monopsonistic industry is 15, the marginal factor cost will be:
 a. 0.
  b. 1.
  c. 15.
  d. greater than 15.
  e. less than 15.

Question 2

Which of the following groups did Clinton target after his stimulus package failed in 1993?
 a. High-income households
 b. Low-income households
 c. Foreign investors
 d. Only industrial workers
 e. Households with the lowest MPC



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

d

Answer to Question 2

a




ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Wow, this really help


vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

For a complete list of videos, visit our video library