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Author Question: Which of the following assumptions is made while determining equilibrium wage and labor employed in ... (Read 55 times)

CharlieWard

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Which of the following assumptions is made while determining equilibrium wage and labor employed in the economy?
 a. Information about job vacancies is difficult to obtain for workers.
  b. Mobility of workers is limited, i.e., workers can not switch jobs easily.
  c. Jobs vary widely in scope and responsibilities.
  d. All person-hours of labor are treated as identical.

Question 2

By seeking economic profit, managers are seeking to create value.
  Indicate whether the statement is true or false



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parker125

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Answer to Question 1

D

Answer to Question 2

True




CharlieWard

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Reply 2 on: Jun 30, 2018
Wow, this really help


miss_1456@hotmail.com

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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