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

Author Question: Suppose a monopsonist wants to hire more workers. If it has to pay the same wage to all of its ... (Read 91 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
Suppose a monopsonist wants to hire more workers. If it has to pay the same wage to all of its workers, the:
 a. marginal factor cost will fall while the wage will rise.
  b. wage will fall while the marginal factor cost will rise.
  c. difference between the wage and marginal factor cost will become smaller.
  d. difference between the wage and the labor supply curve will increase.
  e. wage and the marginal factor cost will increase.

Question 2

During an election year, the federal government would mostly likely increase _____.
 a. tax rates
 b. interest rates
 c. the discount rate charged to commercial banks
  d. the minimum reserve requirement of commercial banks
  e. government purchases of goods and services



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

flexer1n1

  • Sr. Member
  • ****
  • Posts: 373
Answer to Question 1

e

Answer to Question 2

e




tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library