If the market for labor is perfectly competitive, the wage rate for labor equals:
A) the average cost of hiring labor.
B) the value of the marginal product of labor.
C) the marginal product of the last unit of labor employed.
D) the price of the product that the firm produces using the labor services.
Question 2
If a tariff is imposed on imports of shrimp into the United States, U.S. consumer surplus from shrimp will ________ and U.S. producer surplus from shrimp will ________.
A) increase; increase
B) increase; decrease
C) decrease; increase
D) decrease; decrease
E) increase; not change
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Plan of Trajan's Forum and Market "خطة منتدى ترجان والسوق"
Average household size
The rate of global emissions is rising rapidly, especially in India and China
What would your average (mean) number of cells per cluster be?
Determine the nominal annual rate of interest of the following ordinary general annuity.