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

Author Question: In the short run, ________ increases the quantity of labor demanded by the firm. A) a decrease in ... (Read 52 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
on: Jun 29, 2018
In the short run, ________ increases the quantity of labor demanded by the firm.
 
  A) a decrease in the price of the firm's output
  B) an increase in the prices of other factors of production used by the firm
  C) a technological advance that decreases the marginal product of labor
  D) a decrease in the wage rate

Question 2

The figure above shows the cost, demand, and marginal revenue curves for a monopoly. At an output level of ________, demand is ________.
 
  A) 20; elastic
  B) 50; unit elastic
  C) 50; elastic
  D) 30; unit elastic


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


urbanoutfitters

  • Member
  • Posts: 530
Reply 2 on: Jun 29, 2018
Gracias!

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c The stages of labor and delivery. (A) During the dilation stage the cervix thins and dilates to 10 c
Red-bellied short-necked turtle Red-bellied short-necked turtle
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
Answer the following short answer, please show your steps and include the formulas used Answer the following short answer, please show your steps and include the formulas used
If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ... If 0.40 mol of NaN3 reacts completely in the reaction shown below, then ________ L of N2 will ...
computer short cuts computer short cuts
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library