« previous next »

Author Question: Sticky Cakes is a bakery. A decrease in the wage rate that Sticky Cakes pays its workers A) does ... (Read 207 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jun 29, 2018
Sticky Cakes is a bakery. A decrease in the wage rate that Sticky Cakes pays its workers
 
  A) does not shift its MC curve or its ATC curve.
  B) shifts its MC curve downward but not its ATC curve.
  C) shifts both its MC curve and its ATC curve downward.
  D) does not shift its MC curve but shifts its ATC curve downward.

Question 2

The problem of the commons arises because ________ exceeds ________ when the resource is used.
 
  A) marginal social cost; marginal private cost
  B) marginal private benefit; marginal social benefit
  C) marginal private benefit; marginal private cost
  D) marginal private cost; marginal social cost


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

sabina

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jun 29, 2018
Thank you


diesoon

  • Sr. Member
  • ****
  • Posts: 353
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

The rate of evolution in short­ and long­lived plants The rate of evolution in short­ and long­lived plants
Factors influencing pulse rate Factors influencing pulse rate
Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th Firing Rate of Individual SCN Neurons in a Tissue Culture Color bars have been added to emphasize th
Decrease in Fertility, 1800–1900 Decrease in Fertility, 1800–1900
Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent Chinese workers on a railway in the far West. “Without them,” Leland Stanford, president of the Cent
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Video: Causes of Angina

For a complete list of videos, visit our video library