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

Author Question: Pennsylvania's largest grower of fresh-to-market tomatoes announced in March 2009 he will no longer ... (Read 21 times)

biggirl4568

  • Hero Member
  • *****
  • Posts: 551
on: Jun 29, 2018
Pennsylvania's largest grower of fresh-to-market tomatoes announced in March 2009 he will no longer produce the crop because he can't find enough workers to harvest it. Though his tomato pickers made an average of 16.
 
  59 per hour last year, he said the relatively high wage is not enough to attract local labor to work the fields. In the market for tomato workers, what is TRUE? A) 16.59 is above the equilibrium wage rate
  B) 16.59 is the equilibrium wage rate
  C) 16.59 is below the equilibrium wage rate
  D) Cannot determine where the equilibrium wage rate is in comparison to 16.59 without more information.

Question 2

In the above figure, between 20 and 25 units per hour, the firm experiences
 
  A) economies of scale.
  B) diseconomies of scale.
  C) constant returns to scale.
  D) increasing total fixed costs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

honnalora

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


biggirl4568

  • Member
  • Posts: 551
Reply 2 on: Jun 29, 2018
Excellent

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

The Dugong is an endangered species; the largest remaining population is found in Australian waters The Dugong is an endangered species; the largest remaining population is found in Australian waters
Blue-tongued lizards are the largest species of skink Blue-tongued lizards are the largest species of skink
The skimmers or perchers and their relatives form the Libellulidae, the largest dragonfly family in The skimmers or perchers and their relatives form the Libellulidae, the largest dragonfly family in
Deimos in color on February 21, 2009 by the same (not to scale) Deimos in color on February 21, 2009 by the same (not to scale)
U.S. adults from 25 to 74 years report that the largest proportion of their daily stressors arise ... U.S. adults from 25 to 74 years report that the largest proportion of their daily stressors arise ...
March 31 2023 March 31 2023
Video: Acids and bases - definition

For a complete list of videos, visit our video library