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Author Question: The monopsonistic employer hires more workers until marginal: a. physical product is zero. b. ... (Read 96 times)

serike

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on: Jun 30, 2018
The monopsonistic employer hires more workers until marginal:
 a. physical product is zero.
  b. revenue product equals marginal factor cost.
  c. revenue product equals the wage.
  d. physical product equals the wage.
  e. physical product equals marginal factor cost

Question 2

The consumer price index (CPI) _____ inflation because it includes an item in the market basket only after the product becomes _____.
 a. overstates; unpopular
 b. overstates; obsolete
 c. overstates; widely used
  d. understates; widely used
  e. understates; obsolete


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TheNamesImani

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

b

Answer to Question 2

c


serike

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Zebsrer

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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