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

Author Question: The demand for labor is different from the demand for final goods and services because A) the law ... (Read 89 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
The demand for labor is different from the demand for final goods and services because
 
  A) the law of demand does not apply to the demand for labor.
  B) the demand for labor is derived from the demand for the good or service the labor is used to produce.
  C) it is a demand for people, not inanimate objects.
  D) the demand for labor is more inelastic than the demand for the goods and services produced with this labor.

Question 2

If a firm shuts down it
 
  A) will produce nothing but must pay its fixed and variable costs.
  B) will suffer a loss equal to its fixed costs.
  C) will earn enough revenue to cover its variable costs but not all of its fixed costs.
  D) will produce nothing but must pay its variable costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

  • Guest
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly





 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library