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

Author Question: If the demand for labor is unchanged, population growth will increase the supply of labor and ... (Read 103 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 29, 2018
If the demand for labor is unchanged, population growth will increase the supply of labor and increase the equilibrium wage.
 
  Indicate whether the statement is true or false

Question 2

If the marginal product of labor is 45 units of output and the marginal product of capital is 56 units of output while the wage rate is 20 per worker and the cost of capital is 28 per machine, are these two inputs being used in the least-cost
 
  combination and what should be done if they are not?
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagn

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
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 56% of students answer this correctly


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 29, 2018
Excellent

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Estimating cicada population size and predation rates by birds. Estimating cicada population size and predation rates by birds.
Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th Common sites of amputation. (A) Upper extremities. (B) Lower extremities. The surgeon determines th
The spongy bone in the top of the femur changes density and organization during growth. The spongy bone in the top of the femur changes density and organization during growth.
Population Ecology "البيئة السكان" Population Ecology "البيئة السكان"
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors Other Endocrine Tissues and Organs, Eicosanoids, and Growth Factors
Video: Stimulus (introduction)

For a complete list of videos, visit our video library