« previous next »

Author Question: Suppose there are two types of labor, high skilled and low skilled. The demand curve for high ... (Read 219 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Suppose there are two types of labor, high skilled and low skilled.
 
  The demand curve for high skilled labor lies ________ the demand curve for low skilled labor and the supply curve of high skilled labor lies ________ the supply curve of low skilled labor. A) above; above
  B) above; below
  C) below; below
  D) below; above

Question 2

Based on the above figure of the costs at Barney's Bagel Bakery, at which level of output will diminishing marginal returns first occur?
 
  A) at 1 bagel
  B) at 500 bagels
  C) at 2000 bagels
  D) at 3000 bagels


sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative Where mangrove diversity is high, mangrove species show clear patterns of vertical zonation relative
The titration curve of the buffer acetic acid (CH3COOH) The titration curve of the buffer acetic acid (CH3COOH)
The diminishing effects on body weight of a low-calorie diet and a high-calorie diet. The diminishing effects on body weight of a low-calorie diet and a high-calorie diet.
Types of fractures. Massage is contraindicated near fractures in early stages of healing. Types of fractures. Massage is contraindicated near fractures in early stages of healing.
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Types of Synovial Joints Types of Synovial Joints
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library