« previous next »

Author Question: Compared to a monopsony, a perfectly competitive labor market results in a A) higher wage rate ... (Read 184 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jun 29, 2018
Compared to a monopsony, a perfectly competitive labor market results in a
 
  A) higher wage rate and more workers hired.
  B) higher wage rate and fewer workers hired.
  C) lower wage rate and more workers hired.
  D) lower wage rate and fewer workers hired.

Question 2

Based on the data in the above table, to assure that the efficient amount is produced the government can
 
  A) subsidize the suppliers 8 per unit.
  B) subsidize the suppliers 2 per unit.
  C) tax suppliers 2 per unit.
  D) tax suppliers 8 per unit.


srodz

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

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.

Species-rich floras of chalk grassland compared to species-poor floras of acid soils. Species-rich floras of chalk grassland compared to species-poor floras of acid soils.
Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti Roots of the keystone species hypothesis: does a higher proportion of predators in diverse communiti
(a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest (a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest
Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow Pneumothorax. Figure illustrates how puncture of thoracic wall and tearing of pleural membrane allow
Measuring the resistance of the ECT sensor. The resistance measurement can then be compared with ... Measuring the resistance of the ECT sensor. The resistance measurement can then be compared with ...
Parents who have higher levels of education encourage their children to be educated Parents who have higher levels of education encourage their children to be educated
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library