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Author Question: A change in the wage causes a shift in the supply curve for labor and a A) shift along the demand ... (Read 113 times)

ap345

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A change in the wage causes a shift in the supply curve for labor and a
 
  A) shift along the demand curve for labor.
  B) shift in the demand curve for labor.
  C) rotation in the demand curve for labor.
  D) It cannot be determined by the information provided.

Question 2

If a firm enjoys producer surplus in perfectly competitive Market A of 1000 and would enjoy producer surplus in perfectly competitive Market B of 1200, the firm would consider moving to Market B if
 
  A) fixed costs are greater than 100 in Market A.
  B) fixed costs are less than 200 in Market B.
  C) fixed costs are less than 300 but greater than 200 in Market B.
  D) fixed costs in Market B are less than the fixed costs in Market A plus 200.


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lgoldst9

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ap345

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


kswal303

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Reply 3 on: Yesterday
:D TYSM

 

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