This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the supply of skilled workers is increased such that it is equal to the supply of unskilled ... (Read 74 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jun 30, 2018
If the supply of skilled workers is increased such that it is equal to the supply of unskilled workers, we can expect:
 a. wages of skilled workers to be equal to wages of unskilled workers.
  b. wages of skilled workers to be lower than wages of unskilled workers.
  c. wages of skilled workers to be higher than wages of unskilled workers.
  d. wages of unskilled workers to fall from its current level.
  e. wages of both skilled and unskilled workers to remain unaffected.

Question 2

As the price of movie tickets increases, which of the following is most likely to happen?
 a. The demand for DVDs will increase.
  b. The quantity of books demanded will decrease.
  c. The number of Broadway tickets purchased will decrease.
  d. The prices of popcorn and soda will increase.
  e. The number of movies being produced will decrease.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


jayhills49

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jun 30, 2018
Thank you


prumorgan

  • Sr. Member
  • ****
  • Posts: 326
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The FDA recognizes 118 routes of administration.

The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive The Hepatic Portal Blood Supply The liver receives water, minerals, and nutrients from the digestive
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
A steady needle reading that rises 2 or 3 inches Hg when the engine speed is increased slightly ... A steady needle reading that rises 2 or 3 inches Hg when the engine speed is increased slightly ...
SSRIs block the reuptake of serotonin into nerve terminals, resulting in increased serotonin levels. SSRIs block the reuptake of serotonin into nerve terminals, resulting in increased serotonin levels.
Classic Supply - Demand Curve Classic Supply - Demand Curve
Hearing level comparison amongst workers Hearing level comparison amongst workers
Video: Nerve Impulse Transmission Animation

For a complete list of videos, visit our video library