« previous next »

Author Question: The figure above shows the market for low-skilled labor in Midland city. The government sets a ... (Read 181 times)

jon_i

  • Hero Member
  • *****
  • Posts: 549
on: Jun 29, 2018
The figure above shows the market for low-skilled labor in Midland city. The government sets a minimum wage at 6 per hour. With the minimum wage law enacted, the potential loss from job search in Midland city is
 
  A) 60 million.
  B) 120 million.
  C) 40 million.
  D) zero.

Question 2

In the above table, the technique that is never economically efficient is
 
  A) A.
  B) B.
  C) C.
  D) D.


ambernicolefink

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a Structure of the ovary and uterine (fallopian) tube. Figure illustrates stages of ovum development a
figure 18-1 pituitary hormones figure 18-1 pituitary hormones
The giant grass hoppers are invading the city! The giant grass hoppers are invading the city!
Eric Bunge and Mimi Hoang, nARCHITECTS, New Aqueous City. Eric Bunge and Mimi Hoang, nARCHITECTS, New Aqueous City.
An educational institution has total direct labor and material costs of $1964 per student. Its ... An educational institution has total direct labor and material costs of $1964 per student. Its ...
A comparison of a trait (height) that shows discontinuous and continuous phenotypes in different pla A comparison of a trait (height) that shows discontinuous and continuous phenotypes in different pla
Video: Brief Summary on Photosynthesis - Animation

For a complete list of videos, visit our video library