This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Households increase the quantity of labor supplied when the A) real wage rate rises because the ... (Read 90 times)

a0266361136

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Households increase the quantity of labor supplied when the
 
  A) real wage rate rises because the opportunity cost of not working rises.
  B) income tax rises because an increase in the income tax increases the demand for labor.
  C) nominal wage rate falls because the opportunity cost of not working rises.
  D) nominal wage rate rises because the real wage rate must also rise.
  E) real wage rate rises because the opportunity cost of not working falls.

Question 2

In the above figure, the shift in the supply curve from S to S2 reflects
 
  A) an increase in the supply of pizza.
  B) an increase in the quantity of pizza supplied.
  C) a decrease in the quantity of pizza supplied.
  D) a decrease in the supply of pizza.
  E) a decrease in the supply of pizza and a simultaneous decrease in the quantity of pizza supplied.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


a0266361136

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Jun 30, 2018
Thank you :)


smrtceo

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Changes in the abundance and egg-hatching success rate of prairie chickens. Changes in the abundance and egg-hatching success rate of prairie chickens.
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ... When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...
When the O2S voltage rises above 450 mV, the PCM starts to control the fuel mixture based on ... When the O2S voltage rises above 450 mV, the PCM starts to control the fuel mixture based on ...
The rate of facilitated diffusion The rate of facilitated diffusion
Employment Status of Food-Insecure Households Employment Status of Food-Insecure Households
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Video: Cardiac Cycle (Part 4 of 4)

For a complete list of videos, visit our video library