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Author Question: The reservation wage is the A) highest wage for which a person is willing to supply labor. B) ... (Read 97 times)

Hungry!

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The reservation wage is the
 
  A) highest wage for which a person is willing to supply labor.
  B) lowest wage for which a person is willing to supply labor.
  C) wage for which a person is willing to work full time.
  D) wage for which a person is willing to work overtime.

Question 2

In the figure above, if no one owns the lake, what is the deadweight loss in the market?
 
  A) 2,400 per month
  B) 1,800 per month
  C) 3,600 per month
  D) zero



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bigsis44

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Answer to Question 1

B

Answer to Question 2

A




Hungry!

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Reply 2 on: Jun 29, 2018
:D TYSM


meganmoser117

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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