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Author Question: Refer to Scenario 13.1. At your negotiated price the producer surplus is: A) 0. B) 50. C) 200. ... (Read 110 times)

abarnes

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on: Jul 1, 2018
Refer to Scenario 13.1. At your negotiated price the producer surplus is:
 
  A) 0.
  B) 50.
  C) 200.
  D) 250.
  E) 300.

Question 2

Refer to Figure 14.3. To maximize total wages paid to workers, the labor union will agree to wage rate:
 
  A) W0.
  B) W1.
  C) W2.
  D) W3.
  E) none of the above


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yifu223

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Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


abarnes

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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