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Author Question: A ticket to see the Radio City Rockettes costs 90. You buy a ticket for 30 to see the New York Jets ... (Read 160 times)

rachel9

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on: Jun 29, 2018
A ticket to see the Radio City Rockettes costs 90. You buy a ticket for 30 to see the New York Jets play football. The money price for
 
  A) the Rockettes ticket is 90 and the relative price is 3 Jets tickets per Rockette ticket.
  B) the Rockettes ticket is 3 Jets tickets per Rockette ticket and the relative price is 90.
  C) a Jets ticket is 30 and the relative price is 3 Rockettes tickets per Jets ticket.
  D) a Jets ticket is 30 and 3 for a Rockettes ticket.

Question 2

If a union restricts the supply of labor but cannot change the demand for labor, the union ________ the wage rate and ________ the level of employment.
 
  A) raises; decreases
  B) raises; increases
  C) lowers; decreases
  D) lowers; increases


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Chou

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

A

Answer to Question 2

A


rachel9

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

robbielu01

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Reply 3 on: Yesterday
Gracias!

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