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Author Question: In the table above, what is the equilibrium wage rate in an unregulated market? A) 8.00 per hour ... (Read 80 times)

strangeaffliction

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on: Jun 29, 2018
In the table above, what is the equilibrium wage rate in an unregulated market?
 
  A) 8.00 per hour
  B) 9.00 per hour
  C) 10.00 per hour
  D) 11.00 per hour

Question 2

Which of the following increases the quantity supplied of good X but does NOT increase the supply of good X?
 
  A) a fall in the price of a factor production used to produce X
  B) an advance in the technology for producing X
  C) an increase in the price of good Y, a complement in the production of X
  D) an increase in the price of X


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johnpizzaz

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

D


strangeaffliction

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Reply #2 on: Jun 29, 2018
Thank you :)


johnpizzaz

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Reply #3 on: Jun 29, 2018
Happy to help you


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