« previous next »

Author Question: ________ dictates the lowest wage that firms may pay for labor. A) The black-market wage B) A ... (Read 111 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: Jun 29, 2018
________ dictates the lowest wage that firms may pay for labor.
 
  A) The black-market wage B) A maximum wage requirement
  C) A minimum wage law D) A price-ceiling wage

Question 2

Price elasticity of supply is used to gauge
 
  A) how responsive suppliers are to a change in demand.
  B) how responsive sales are to a change in input prices.
  C) how responsive suppliers are to price changes.
  D) how responsive suppliers are to changes in future prices.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

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?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Black flies are blood-sucking insects who vector disease, like River Blindness, while feeding on hum Black flies are blood-sucking insects who vector disease, like River Blindness, while feeding on hum
Black Raspberry Black Raspberry
An “Intermediate-Mass” Black Hole An “Intermediate-Mass” Black Hole
Jets Created by a Black Hole in a Binary System Jets Created by a Black Hole in a Binary System
Reconstruction Drawing of Trajan's Market Reconstruction Drawing of Trajan's Market
A spherical water tank with an inner radius of 4 m has its lowest point 3 m ... A spherical water tank with an inner radius of 4 m has its lowest point 3 m ...
Video: Introduction to Autism

For a complete list of videos, visit our video library