« previous next »

Author Question: Consider the straight-line demand curve illustrated in the above figure. At what price is total ... (Read 48 times)

rlane42

  • Hero Member
  • *****
  • Posts: 594
on: Jun 29, 2018
Consider the straight-line demand curve illustrated in the above figure. At what price is total revenue maximized?
 
  A) at a price of 8
  B) at a price of 6
  C) at a price of 4
  D) More information is needed to determine the price at which total revenue is maximized.

Question 2

What is a marginally attached worker?
 
  What will be an ideal response?


wtf444

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A marginally attached worker is a person without a job, who is available and willing to work, but who has stopped looking in the recent past. One type of marginally attached worker is a discouraged worker. Essentially, a discouraged worker is someone who wants a job but has grown so discouraged about finding one, he or she has stopped looking.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

The human oxygen-hemoglobin dissociation curve. The human oxygen-hemoglobin dissociation curve.
Total hip prosthesis. Total hip prosthesis.
Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages Demonstrate the Application of Triangular, Figure-Eight, and Tubular Bandages
Historical Time Line of Regulatory Acts, Standards, and Organizations Historical Time Line of Regulatory Acts, Standards, and Organizations
Risk & Aseptic Processing - RABs Filling Line Risk & Aseptic Processing - RABs Filling Line
Human Figure Human Figure
Video: Glomerubular filtrate rate -pressures that affect GFR and net filtration pressure

For a complete list of videos, visit our video library