« previous next »

Author Question: Suppose there are two types of labor, high skilled and low skilled. The demand curve for high ... (Read 442 times)

cabate

  • Hero Member
  • *****
  • Posts: 537
on: Jun 29, 2018
Suppose there are two types of labor, high skilled and low skilled.
 
  The demand curve for high skilled labor lies ________ the demand curve for low skilled labor and the supply curve of high skilled labor lies ________ the supply curve of low skilled labor. A) above; above
  B) above; below
  C) below; below
  D) below; above

Question 2

Based on the above figure of the costs at Barney's Bagel Bakery, at which level of output will diminishing marginal returns first occur?
 
  A) at 1 bagel
  B) at 500 bagels
  C) at 2000 bagels
  D) at 3000 bagels


sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Spectrum of a High-Redshift Quasar Spectrum of a High-Redshift Quasar
Modern primate study sometimes involves high-tech methods. This golden lion tamarin is having a batt Modern primate study sometimes involves high-tech methods. This golden lion tamarin is having a batt
Various types of integumentary conditions.(A) Urticaria (hives). Various types of integumentary conditions.(A) Urticaria (hives).
Skeletal Muscle Fiber Types Skeletal Muscle Fiber Types
Types of Blast Injuries (Part 1 of 2) Types of Blast Injuries (Part 1 of 2)
A Bat Ray cruising through the water column below the "sunburst." Bat Rays are types of ... A Bat Ray cruising through the water column below the "sunburst." Bat Rays are types of ...
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library