« previous next »

Author Question: A firm hires labor in a perfectly competitive labor market. If the wage rate is 44, the firm should ... (Read 230 times)

madam-professor

  • Hero Member
  • *****
  • Posts: 584
on: Jun 30, 2018
A firm hires labor in a perfectly competitive labor market. If the wage rate is 44, the firm should hire
 a. 44 workers
  b. all units of labor whose marginal product is 44
  c. all units of labor whose marginal revenue product is 44
  d. all units of labor whose marginal revenue product is greater than or equal to 44
  e. all units of labor whose marginal revenue product is less than or equal to 44

Question 2

Most waste generated in the U.S. ends up in landfills because
 a. the low opportunity cost of time discourages recycling
  b. Americans earn low incomes
  c. the price of land is relatively low
  d. the low wages in the repair industry encourages repairs
  e. of low productivity and high wages in the waste disposal industry


SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

madam-professor

  • Hero Member
  • *****
  • Posts: 584
Reply #2 on: Jun 30, 2018
Thank you


SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif Variation in the rate of evolution as a function of the strength of selection, assuming genetic drif
Static Stability & Environmental Lapse Rate Static Stability & Environmental Lapse Rate
Target Heart Rate Target Heart Rate
Total Fertility Rate in the United States, 1860–2008 Total Fertility Rate in the United States, 1860–2008
The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho The rate of replacement of a recessive allele d by the dominant allele D by mutation alone. Even tho
Three queens, fertile females in species that have a reproductive division of labor. Three queens, fertile females in species that have a reproductive division of labor.
Video: ATPase function - membrane transport, contractile proteins and synthesis

For a complete list of videos, visit our video library