This topic contains a solution. Click here to go to the answer

Author Question: Suppose a monopsonist wants to hire more workers. If it has to pay the same wage to all of its ... (Read 89 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Suppose a monopsonist wants to hire more workers. If it has to pay the same wage to all of its workers, the:
 a. marginal factor cost will fall while the wage will rise.
  b. wage will fall while the marginal factor cost will rise.
  c. difference between the wage and marginal factor cost will become smaller.
  d. difference between the wage and the labor supply curve will increase.
  e. wage and the marginal factor cost will increase.

Question 2

During an election year, the federal government would mostly likely increase _____.
 a. tax rates
 b. interest rates
 c. the discount rate charged to commercial banks
  d. the minimum reserve requirement of commercial banks
  e. government purchases of goods and services



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Answer to Question 1

e

Answer to Question 2

e




tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
:D TYSM


robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
Excellent

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library