This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Marginal Productivity Theory of Income DistributionThe graph shows the demand for low-skilled ... (Read 2365 times)

wqwpfwpoefnpwenf

  • Full Member
  • ***
  • Posts: 159
on: Nov 23, 2022
The Marginal Productivity Theory of Income Distribution

The graph shows the demand for low-skilled labor (DLS), the demand for high-skilled labor (DHS), the supply of low-skilled labor (SLS), and the supply of high-skilled labor (SHS).

Assume that P1=$10.00, P2=$23.00, P3=$39.50, P4=$41.50, P5=$53.15, Q1=205, and Q2=220. What is the value of marginal product of skill? What is the compensation that workers require for the cost of acquiring a skill?
◦ $41.50, $23.00
◦ $18.50, $13.65
◦ $53.15, $41.50
◦ $13.65, $18.50
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by wqwpfwpoefnpwenf on Nov 23, 2022

hiyayyay

  • Full Member
  • ***
  • Posts: 204
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


wqwpfwpoefnpwenf

  • Member
  • Posts: 159
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

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

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

The work of Charles Darwin forms the foundation for modern evolutionary theory. The work of Charles Darwin forms the foundation for modern evolutionary theory.
This diagram shows a cross-section of a solar-type star. This diagram shows a cross-section of a solar-type star.
Progression Graph: Fitness Plan Progression Graph: Fitness Plan
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Video: Audiology

For a complete list of videos, visit our video library