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Author Question: If the wage rate in a monopsonistic industry is 15, the marginal factor cost will be: a. 0. b. 1. ... (Read 53 times)

ishan

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  • Posts: 546
on: Jun 30, 2018
If the wage rate in a monopsonistic industry is 15, the marginal factor cost will be:
 a. 0.
  b. 1.
  c. 15.
  d. greater than 15.
  e. less than 15.

Question 2

Which of the following groups did Clinton target after his stimulus package failed in 1993?
 a. High-income households
 b. Low-income households
 c. Foreign investors
 d. Only industrial workers
 e. Households with the lowest MPC


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apple

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

d

Answer to Question 2

a


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bblaney

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  • Posts: 323
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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