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

Author Question: The idea that paying higher wages attracts a more talented labor pool is called the a. winner's ... (Read 69 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
The idea that paying higher wages attracts a more talented labor pool is called the
 a. winner's curse
  b. efficiency wage theory
  c. marginal productivity theory
  d. lemons problem
  e. theory of the second best

Question 2

If every firm is a price taker, then which of the following characteristics does their industry have?
 a. large number of sellers
  b. many versions of the product
  c. limited resource mobility
  d. few consumers
  e. market power


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

whitcassie

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

dawsa925

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Cnidarians have specialized stinging cells called cnidocytes Cnidarians have specialized stinging cells called cnidocytes
Persian leopard (Panthera pardus ciscaucasica), also called Caucasian leopard Persian leopard (Panthera pardus ciscaucasica), also called Caucasian leopard
Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b Apidium may be ancestral to all later higher primates and is reconstructed as looking like a small-b
The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil
Continental Drift: An Idea Before Its Time Continental Drift: An Idea Before Its Time
Higher-Order Conditioning Higher-Order Conditioning
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library