This topic contains a solution. Click here to go to the answer

Author Question: Suppose at the going wage rate of 20 per hour, firms can hire as many hours of janitorial services ... (Read 77 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
Suppose at the going wage rate of 20 per hour, firms can hire as many hours of janitorial services as they desire. If any firm tries to lower the wage rate to 19, it will not be able to hire any janitor.
 
  What does this indicate about the supply curve for janitorial services?
  A) Supply is relatively inelastic. B) Supply is perfectly elastic.
  C) Supply is unit-elastic. D) Supply is perfectly inelastic.

Question 2

If a corporation goes bankrupt, bondholders have ________ on the firm's assets.
 
  A) second claim, after stockholders, B) no claim
  C) first claim D) third claim, after the IRS and stockholders,


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
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 50% of students answer this correctly




james9437

  • Member
  • Posts: 568
Reply 2 on: Jun 29, 2018
Wow, this really help


parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

 

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library