Author Question: A demand curve is also a willingness-and-ability-to-pay curve. Indicate whether the statement is ... (Read 105 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
A demand curve is also a willingness-and-ability-to-pay curve.
 
  Indicate whether the statement is true or false

Question 2

Discrimination by customers creates a wage differential between two groups by creating a difference in the two groups' perceived
 
  A) supply of labor.
  B) value of marginal product.
  C) marginal cost of labor.
  D) minimum wage.



gstein359

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

For a complete list of videos, visit our video library