This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A monopsony owner believes that hiring an additional worker would increase the company's revenue by ... (Read 93 times)

roselinechinyere27m

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
A monopsony owner believes that hiring an additional worker would increase the company's revenue by 150 per day. We can conclude that the monopsony pays its workers:
 a. more than 150 per day.
  b. exactly 150 per day.
  c. less than 150 per day.
  d. exactly 75 per day.

Question 2

The tax cut of 1964 (proposed by President Kennedy):
 a. was the last time fiscal policy was used.
 b. was the greatest failure as a demand-management tool.
 c. actually increased investment, consumption, and employment.
 d. shifted the aggregate demand curve leftward.
 e. was the first time the focus moved away from managing aggregate demand to focusing exclusively on aggregate supply.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

c


roselinechinyere27m

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
Wow, this really help

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ... How is this worker trying to avoid becoming a depersonalized unit in a bureaucratic-economic ...
Effect of an Increase in R&D in the Follower Country on the Steady State Effect of an Increase in R&D in the Follower Country on the Steady State
GDP and Capital per Worker, 2009 GDP and Capital per Worker, 2009
Increase in Surface Area by Mechanical Weathering Increase in Surface Area by Mechanical Weathering
A company that makes environmental measuring devices has calculated their revenue and costs as ... A company that makes environmental measuring devices has calculated their revenue and costs as ...
A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ... A bank statement shows a balance of $2,970.31 The check register of the account owner shows an ...
Video: Introduction to Herpes

For a complete list of videos, visit our video library