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Author Question: Will an increase in the minimum wage create more unemployment if the supply and demand for labor are ... (Read 144 times)

iveyjurea

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Will an increase in the minimum wage create more unemployment if the supply and demand for labor are highly elastic or highly inelastic?
 
  What will be an ideal response?

Question 2

The above table shows the marginal benefits and costs from production of fertilizer. There are no external benefits. If the market is perfectly competitive and unregulated, the equilibrium output will be
 
  A) 2,000 tons.
  B) 3,000 tons.
  C) 4,000 tons.
  D) 5,000 tons.


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joshraies

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iveyjurea

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


bdobbins

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Reply 3 on: Yesterday
Gracias!

 

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