« previous next »

Author Question: Compared to a monopsony, a perfectly competitive labor market results in a A) higher wage rate ... (Read 77 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?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

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?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Benign prostatic hyperplasia. The condition results when an inner capsule of nonfunctional prostate Benign prostatic hyperplasia. The condition results when an inner capsule of nonfunctional prostate
Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Compared with modern humans, Homo erectus has a larger face, lacks a chin and canine fossa, and has Compared with modern humans, Homo erectus has a larger face, lacks a chin and canine fossa, and has
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: Gastrin (protein digestion)

For a complete list of videos, visit our video library