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

Author Question: At the December meeting of the American Economic Association, 2,500 new Ph.D.s look for college ... (Read 69 times)

dbose

  • Hero Member
  • *****
  • Posts: 597
on: Jun 30, 2018
At the December meeting of the American Economic Association, 2,500 new Ph.D.s look for college teaching jobs. If the average wage offer is 40,000 and Tedium University makes that offer, it is likely to
 a. be ignored
  b. attract only average Ph.D.s
  c. attract applicants from top schools
  d. attract Ph.D.s with strong dissertations
  e. attract applicants of below-average quality

Question 2

Because it is small relative to the market, a perfectly competitive firm faces an inelastic demand curve for its output.
 a. True
  b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

B


dbose

  • Member
  • Posts: 597
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

American feral farm cat American feral farm cat
French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho French and U.S. presidential elections in 2012 illustrate the durability of political culture and ho
In 1979 Islamic militants held American embassy workers hostage in Tehran. In 1979 Islamic militants held American embassy workers hostage in Tehran.
Economic and Social Development Economic and Social Development
economic question economic question
economic question economic question
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library