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Author Question: A doubling of the current minimum legal wage is likely to confer the most benefit and impose the ... (Read 90 times)

captainjonesify

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on: Jun 29, 2018
A doubling of the current minimum legal wage is likely to confer the most benefit and impose the least harm on members of which group listed below?
 
  A) Employers who own small businesses
  B) Highly skilled workers
  C) Shareholders of large corporations
  D) Teenagers
  E) Unskilled workers

Question 2

In the production possibilities frontier depicted in the figure above, which of the following combinations of hats and bananas is inefficient?
 
  A) 4 million pounds of bananas and 4 million hats
  B) 2 million pounds of bananas and 5 million hats
  C) 0 pounds of bananas and 6 million hats
  D) 1 million pounds of bananas and 3 million hats


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isabelt_18

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

B

Answer to Question 2

D


captainjonesify

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

nothere

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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