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

Author Question: When an individual's wage rises, the substitution effect tends to: a. increase hours worked. b. ... (Read 64 times)

CBme

  • Hero Member
  • *****
  • Posts: 548
on: Jul 1, 2018
When an individual's wage rises, the substitution effect tends to:
 a. increase hours worked.
  b. decrease hours worked.
  c. leave hours worked unchanged.
  d. an impossible prediction about what will happen to hours worked.

Question 2

An example of moral hazard is
 a. people drive as carefully in icy conditions with antilock brakes as without
  b. people drive less safely with more airbags as without
  c. football players avoid 'spearing' with their heads even with safer helmets
  d. people read the medicine warnings as carefully when self-medicating versus with a doctor's prescription


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dominic

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


CBme

  • Member
  • Posts: 548
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

sailorcrescent

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio Single-dose drug administration: pharmacokinetic values for this drug are as follows: onset of actio
Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s Young adults increase in self-esteem between the ages of 18 and 25, according to this longitudinal s
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
Regular staff meetings increase the efficiency of the medical office staff. Regular staff meetings increase the efficiency of the medical office staff.
Effect of Atmospheric Stability Effect of Atmospheric Stability
Stem-lengthening effect of gibberellins. Stem-lengthening effect of gibberellins.
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library