« previous next »

Author Question: When wages increase, the income effect a. increases the quantity of labor supplied b. increases ... (Read 121 times)

ec501234

  • Hero Member
  • *****
  • Posts: 573
on: Jun 30, 2018
When wages increase, the income effect
 a. increases the quantity of labor supplied
  b. increases the supply of labor.
 c. decreases the quantity of labor supplied
  d. decreases the supply of labor.

Question 2

A firm that controls both the upstream as well as the downstream stages of production is said to be:
 a. functionally integrated.
  b. perpendicularly integrated.
  c. vertically integrated.
  d. horizontally integrated.


snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

ec501234

  • Hero Member
  • *****
  • Posts: 573
Reply #2 on: Jun 30, 2018
Thank you :)


snackralk

  • Sr. Member
  • ****
  • Posts: 363
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

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?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Effect of pH on oxygen binding to hemoglobin Effect of pH on oxygen binding to hemoglobin
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
Effect of pH on drug absorption: (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ... Effect of pH on drug absorption: (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ...
Hall-effect switches use metallic shutters to shunt magnetic lines of force away from a silicon ... Hall-effect switches use metallic shutters to shunt magnetic lines of force away from a silicon ...
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Relationship between Income per Capita and Population Growth Relationship between Income per Capita and Population Growth
Video: Bacteriophage (Virus) - Mice Experiment

For a complete list of videos, visit our video library