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

Author Question: Which of the following shifts the ATC curve upward at the XYZ Co? A) an increase in the hourly ... (Read 54 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
Which of the following shifts the ATC curve upward at the XYZ Co?
 
  A) an increase in the hourly wage that XYZ pays its workers
  B) a decrease in the hourly wage that XYZ pays its workers
  C) an increase in the fixed amount of liability insurance premiums that XYZ pays for its business
  D) Both answers A and C are correct.

Question 2

If a labor market that was previously competitive becomes controlled by a monopsony, the wage rate ________ and employment ________.
 
  A) rises; increases
  B) falls; decreases
  C) rises; decreases
  D) falls; increase


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
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
IQ scores form what mathematicians call a normal distribution "bell curve" IQ scores form what mathematicians call a normal distribution "bell curve"
Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011 Average real hourly wages (2010 dollars) by education level, full-time workers aged 17 to 34 in 2011
Video: Hierarchical Sequencing Method - Sequence Tagged Sites

For a complete list of videos, visit our video library