« previous next »

Author Question: Lois sells ten sweaters she had knitted to a retail store. The gross domestic product (GDP) of her ... (Read 79 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Jun 30, 2018
Lois sells ten sweaters she had knitted to a retail store. The gross domestic product (GDP) of her country _____.
 a. will increase
 b. will decrease
 c. will remain unaffected
 d. will increase only if the sweaters are as good as the sweaters sold by other retailers
  e. will increase if the price of each sweater is less than the cost of inputs required

Question 2

As compared to a firm that competes for labor, a monopsony will:
 a. hire fewer workers and pay lower wages.
  b. hire fewer workers by pay higher wages.
  c. pay lower wages but hire more workers.
  d. pay higher wages and hire more workers.


Carliemb17

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

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.

Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
Use the product rule to find derivative Use the product rule to find derivative
Hen feathering (left) and cock feathering (right) in domestic fowl Hen feathering (left) and cock feathering (right) in domestic fowl
The phenotype of an organism is the product of interactions The phenotype of an organism is the product of interactions
Remote satellite monitoring of gross primary productivity across the United States. The differences Remote satellite monitoring of gross primary productivity across the United States. The differences
QTL mapping in domestic tomato QTL mapping in domestic tomato
Video: Supine Position

For a complete list of videos, visit our video library