This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The demand for labor is different from the demand for final goods and services because A) the law ... (Read 115 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Jun 29, 2018
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.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

  • Guest
Reply #1 on: Jun 29, 2018
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


maychende

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Jun 29, 2018
Correct answers!


iceage

  • Guest
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Language Access Services Language Access Services
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ... As China has embraced its version of capitalism, wealth has grown, as has consumption. Luxury goods ...
North Korea: Labor Issues North Korea: Labor Issues
Video: Energy sources - types

For a complete list of videos, visit our video library