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Author Question: Because it is based on the demand for products, the demand for labor is called a. a substitution ... (Read 36 times)

silviawilliams41

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on: Jun 30, 2018
Because it is based on the demand for products, the demand for labor is called
 a. a substitution demand
  b. a complementary demand
  c. an income demand
  d. a derived demand
  e. a marginal demand

Question 2

The socially efficient level of output is determined where
 a. marginal social cost equals marginal social benefit
  b. marginal private cost equals marginal social benefit
  c. average social cost equals average social benefit
  d. average private cost equals average social benefit
  e. total social cost equals total social benefit


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yahahah24021

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

D

Answer to Question 2

A


silviawilliams41

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Reply #2 on: Jun 30, 2018
Thank you


yahahah24021

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Reply #3 on: Jun 30, 2018
No problemo


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