« previous next »

Author Question: The figure above shows the market for low-skilled labor in Midland city. The government sets a ... (Read 134 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
The figure above shows the market for low-skilled labor in Midland city. The government sets a minimum wage at 6 per hour. With the minimum wage law enacted, the potential loss from job search in Midland city is
 
  A) 60 million.
  B) 120 million.
  C) 40 million.
  D) zero.

Question 2

In the above table, the technique that is never economically efficient is
 
  A) A.
  B) B.
  C) C.
  D) D.


ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

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 senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Effects of excluding Helicopsyche borealis on benthic algal biomass: (a) two sets of tiles at the be Effects of excluding Helicopsyche borealis on benthic algal biomass: (a) two sets of tiles at the be
Diverticulosis. Figure illustrates external and internal appearance of diverticula. Diverticulosis. Figure illustrates external and internal appearance of diverticula.
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ... This label on a Toyota Camry hybrid shows the relative smog-producing emissions, but this does not ...
Figure-8s on the toes mobilize joints of the foot. Figure-8s on the toes mobilize joints of the foot.
This image shows a normal third-trimester fetal brain This image shows a normal third-trimester fetal brain
Video: Chemical Synapse Animation

For a complete list of videos, visit our video library