Author Question: A signal is a. a proxy measure of job conditions b. a proxy measure of a job applicant's skills ... (Read 133 times)

Tirant22 · **on:** Jun 30, 2018

A signal is
a. a proxy measure of job conditions
b. a proxy measure of a job applicant's skills
c. used by employers to indicate that a job interview is over
d. an indication of an excess supply of labor
e. an indication of an excess supply of qualified labor

Question 2

Adam's Apples, a small firm supplying apples in a perfectly competitive market, decides to cut its production in half this year. As a result, the
a. market price will rise
b. market price will fall
c. market quantity will rise
d. market price will not be affected
e. total expenditures on apples will rise