This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following shifts the ATC curve upward at the XYZ Co? A) an increase in the hourly ... (Read 68 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
on: Jun 29, 2018
Which of the following shifts the ATC curve upward at the XYZ Co?
 
  A) an increase in the hourly wage that XYZ pays its workers
  B) a decrease in the hourly wage that XYZ pays its workers
  C) an increase in the fixed amount of liability insurance premiums that XYZ pays for its business
  D) Both answers A and C are correct.

Question 2

If a labor market that was previously competitive becomes controlled by a monopsony, the wage rate ________ and employment ________.
 
  A) rises; increases
  B) falls; decreases
  C) rises; decreases
  D) falls; increase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


jeatrice

  • Member
  • Posts: 543
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

xiaomengxian

  • Member
  • Posts: 311
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

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?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

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?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ... A typical distillation curve. Heavier molecules evaporate at higher temperatures and contain more ...
The piston creates a tumbling force as it moves upward. The piston creates a tumbling force as it moves upward.
Greenhouse gases increase in the stratosphere Greenhouse gases increase in the stratosphere
The circadian rhythm is a wave-like curve The circadian rhythm is a wave-like curve
Video: Secondary Active Transport

For a complete list of videos, visit our video library