Author Question: Compared to a competitive market, a firm that has a monopsony in a labor market would A) hire ... (Read 75 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
Compared to a competitive market, a firm that has a monopsony in a labor market would
 
  A) hire fewer workers and pay higher wages. B) hire more workers and pay higher wages.
  C) hire more workers and pay lower wages. D) hire fewer workers and pay lower wages.

Question 2

The decision to make the U.S. income tax system progressive was
 
  A) a positive decision.
  B) a normative decision.
  C) a decision that was needed to minimize the excess burden of taxation.
  D) a progressive decision.


ririgirl15

  • Sr. Member
  • ****
  • Posts: 385
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library