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

Author Question: Usually the demand for labor decreases (that is, the demand for labor curve shifts leftward) if the ... (Read 55 times)

lunatika

  • Hero Member
  • *****
  • Posts: 548
on: Jun 29, 2018
Usually the demand for labor decreases (that is, the demand for labor curve shifts leftward) if the
 
  A) wage rate increases.
  B) wage rate decreases.
  C) price of the firm's output rises.
  D) prices of other factors fall.

Question 2

In a sequential contestable market game
 
  A) a small number of firms can behave like firms in perfect competition.
  B) the outcome is always a monopoly equilibrium.
  C) the dominant firm always makes a monopoly profit, while other firms make zero economic profits.
  D) a firm that enters the market first is protected from potential entrants by natural barriers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amandalm

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


lunatika

  • Member
  • Posts: 548
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

debra928

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

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

An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo An intra-aortic balloon pump increases circulation to the coronary arteries and decreases the worklo
A Dose-Response Curve A Dose-Response Curve
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Child Labor Rates and GDP Worldwide Child Labor Rates and GDP Worldwide
Oxygen-binding curve for myoglobin Oxygen-binding curve for myoglobin
Three queens, fertile females in species that have a reproductive division of labor. Three queens, fertile females in species that have a reproductive division of labor.
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library