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

Author Question: One of the factors contributing to the fact that labor productivity is higher in the U.S. than in ... (Read 54 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
One of the factors contributing to the fact that labor productivity is higher in the U.S. than in the People's Republic of China is
 
  A) China's larger stock of capital.
  B) the higher capital/labor ratio in China.
  C) the higher capital/labor ratio in the U.S.
  D) China's smaller stock of fossil fuels.
  E) the fact that much labor in the U.S. is in management.

Question 2

A consumer's demand for CDs can be represented by a line with slope -b and intercept a. If the current price of CDs is P, then the ratio of consumer surplus to total expenditures on CDs equals
 
  A) (a - P)(a - bP).
  B) 1/2(a - P)(a - bP).
  C) D(a - bP).
  D) (a - P)/P.
  E) (a/b - P)/(2P).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

C

Answer to Question 2

E




WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
Gracias!


olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

For a complete list of videos, visit our video library