This topic contains a solution. Click here to go to the answer

Author Question: The quantity of labor supplied by a particular wage earner will always increase as long as the wage ... (Read 54 times)

Tazate

  • Hero Member
  • *****
  • Posts: 532
The quantity of labor supplied by a particular wage earner will always increase as long as the wage rate increases.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The price elasticity of demand is the ratio of the change in quantity demanded to the change in price.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chem1s3

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

False

Answer to Question 2

False




Tazate

  • Member
  • Posts: 532
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library