The general equilibrium analysis of a minimum wage applied to only some sectors of the economy suggests that
A) workers in all sectors will face increased wages.
B) some workers in the covered sectors will lose their jobs and remain unemployed.
C) some workers originally employed in the covered sectors will move to the uncovered sectors, driving down wages in the uncovered sectors.
D) all workers will be worse off.
Question 2
If a firm buys a building so as to have office space for its workers, the monthly opportunity cost of the building is best measured as
A) the monthly mortgage payment the firm must pay.
B) the price the firm paid divided by twelve.
C) zero.
D) the rent the firm could earn if it rented the building to another firm.
General structure of a plant cell
Vapour-liquid equilibrium acetone + water
Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Swot analysis
Write equilibrium constant expressions for the following reactions in terms of concentration:
Production of colorless sectors and reversion of the unstable colorless