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Author Question: Minimum wage adversely affects unskilled workers who do not have work, aged 16 to 19. a. True b. ... (Read 78 times)

sdfghj

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on: Jun 30, 2018
Minimum wage adversely affects unskilled workers who do not have work, aged 16 to 19.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Suppose Carrie's utility function for clams is as follows: If she consumes 1 clam, she gets 10 units of total utility; for 2 clams, she gets 18 units of total utility; for 3 clams, she gets 24 units of total utility; for 4 clams, she gets 28 units of total utility; for 5 clams, she gets 30 units of total utility; and for 6 clams, she gets 26 units of total utility.
 a. Carrie gets 9 units of marginal utility for the 2nd clam.
  b. Carrie gets 8 units of marginal utility for the 3rd clam.
  c. Carrie gets 7 units of marginal utility for the 4th clam.
  d. None of the above are true.


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millet

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

d


sdfghj

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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