« previous next »

Author Question: Sticky Cakes is a bakery. A decrease in the wage rate that Sticky Cakes pays its workers A) does ... (Read 296 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?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Effects of growth rate on development. Effects of growth rate on development.
The Rate Law The Rate Law
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs A bus starts from restat a station and accelerates at a rate of 2 m/s^2 for 15 seconds. It then runs
You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ... You make 4 semi-annual deposits starting at $350 and increasing at a constant rate of 2.14%. ...
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library