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Author Question: Consider the labor market depicted in the above figure. What wage rate must be paid to have the ... (Read 81 times)

AEWBW

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on: Jun 29, 2018
Consider the labor market depicted in the above figure. What wage rate must be paid to have the 200th hour of labor supplied?
 
  A) 10
  B) 15
  C) 20
  D) None of the above answers is correct.

Question 2

In a market with a Herfindahl-Hirschman Index of 2,000, according to their guidelines will the Department of Justice challenge a merger that would increase the index by 100?
 
  What will be an ideal response?


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missalyssa26

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Yes, according to their guidelines the Department of Justice will challenge a merger that increases the Herfindahl-Hirschman Index by more than 100 points if the initial index is greater than 1,500.


AEWBW

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Reply 2 on: Jun 29, 2018
Gracias!

amynguyen1221

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

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