Ceteris paribus, the wages of clerks would increase if there was ...

[lak]

Ceteris paribus, the wages of clerks would increase if there was a decrease in:
 a. the period of training required for clerk jobs.
 b. non-monetary fringe benefits received by clerks.
  c. the marginal revenue product of clerks.
 d. the cost of medical insurance benefits paid to clerks.

Question 2

Suppose a parent company producing sportswear decides take back some formerly franchised outlets and operate them with its own employees. This form of vertical integration will allow the parent company:
 a. to practice price discrimination.
  b. to charge a uniform price for its products across the globe.
  c. to lower its costs of operation and increase sales.
  d. to test operating techniques that might make the franchisees bettor competitors.

[heinisk01]

Answer to Question 1

b

Answer to Question 2

D