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

Author Question: Consider the monopsony in the above figure. The monopsony will pay a hourly wage rate equal to A) ... (Read 166 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
Consider the monopsony in the above figure. The monopsony will pay a hourly wage rate equal to
 
  A) 10.
  B) 15.
  C) 20.
  D) None of the above answers is correct.

Question 2

Using the data in the above table, the average fixed cost of producing 16 units is
 
  A) 1.11 a unit.
  B) 1.25 a unit.
  C) 1.54 a unit.
  D) 2.22 a unit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xMRAZ

  • Sr. Member
  • ****
  • Posts: 363
Answer to Question 1

A

Answer to Question 2

B




cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Excellent


bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Everyone has one nostril that is larger than the other.

For a complete list of videos, visit our video library