« previous next »

Author Question: If government-assured medical and other benefits increase the labor costs, everything else remaining ... (Read 48 times)

kaid0807

  • Hero Member
  • *****
  • Posts: 515
on: Jun 30, 2018
If government-assured medical and other benefits increase the labor costs, everything else remaining constant, then firms will tend to hire more of the other resources instead of labor.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the percentage change in the quantity demanded of a good is greater than the percentage change in the price of the good, then the demand for the good is _____.
 a. inelastic
  b. relatively elastic
  c. unit-elastic
  d. perfectly inelastic
  e. income elastic


macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

kaid0807

  • Hero Member
  • *****
  • Posts: 515
Reply #2 on: Jun 30, 2018
Thank you


macybarnes

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it. In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
Every medical office should keep emergency supplies in a waterproof container. Every medical office should keep emergency supplies in a waterproof container.
A medical assistant helps a patient walk with a gait belt. A medical assistant helps a patient walk with a gait belt.
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
Reacting to Medical Treatments Reacting to Medical Treatments
Video: Wound Care

For a complete list of videos, visit our video library