Author Question: Efficiency wages paid to workers: A) equal the lowest pay that workers would accept. B) are ... (Read 144 times)

nevelica

  • Hero Member
  • *****
  • Posts: 563
Efficiency wages paid to workers:
 
  A) equal the lowest pay that workers would accept.
  B) are wages above the lowest pay that workers would accept.
  C) equal the marginal revenue product of the workers.
  D) are wages adjusted for changes in the price level.

Question 2

Should you type your own term paper or hire a specialist to do it for you? Your comparative advantage as a typist increases as you
 
  A) find you have completed all your studying.
  B) get laid off from your job working afternoons at the gas station.
  C) improve your skills as a typist.
  D) encounter any of the above changes in your situation.



AngeliqueG

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

For a complete list of videos, visit our video library