« previous next »

Author Question: At high wage rates, the labor supply curve bends backward because the ________ effect dominates the ... (Read 110 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?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Effect of clinical decison support systems Effect of clinical decison support systems
Women who are monozygotic twins and have the same genes are more similar in their marital happiness Women who are monozygotic twins and have the same genes are more similar in their marital happiness
The Stages of Labor and Birth in a Vaginal Delivery The Stages of Labor and Birth in a Vaginal Delivery
The Frequency Distribution Curve of a Drug The Frequency Distribution Curve of a Drug
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Hemodynamics Animation

For a complete list of videos, visit our video library