« previous next »

Author Question: At high wage rates, the labor supply curve bends backward because the ________ effect dominates the ... (Read 97 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jun 29, 2018
At high wage rates, the labor supply curve bends backward because the ________ effect dominates the ________ effect.
 
  A) income; price
  B) substitution; income
  C) substitution; price
  D) income; substitution

Question 2

The Sherman Act makes it illegal to
 
  A) increase market share.
  B) merge firms in the same industry.
  C) attempt to monopolize an industry.
  D) price below competitors.


cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

An adult male giraffe feeding high up on an acacia An adult male giraffe feeding high up on an acacia
Effect of the chemical environment on pKa Effect of the chemical environment on pKa
Effect of a Black Hole’s Tidal Force on Infalling Matter Effect of a Black Hole’s Tidal Force on Infalling Matter
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
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 ...
Video: Ear Virtual Tour Animation

For a complete list of videos, visit our video library