This topic contains a solution. Click here to go to the answer

Author Question: One of the factors contributing to the fact that labor productivity is higher in the U.S. than in ... (Read 42 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
One of the factors contributing to the fact that labor productivity is higher in the U.S. than in the People's Republic of China is
 
  A) China's larger stock of capital.
  B) the higher capital/labor ratio in China.
  C) the higher capital/labor ratio in the U.S.
  D) China's smaller stock of fossil fuels.
  E) the fact that much labor in the U.S. is in management.

Question 2

A consumer's demand for CDs can be represented by a line with slope -b and intercept a. If the current price of CDs is P, then the ratio of consumer surplus to total expenditures on CDs equals
 
  A) (a - P)(a - bP).
  B) 1/2(a - P)(a - bP).
  C) D(a - bP).
  D) (a - P)/P.
  E) (a/b - P)/(2P).



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

reversalruiz

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

C

Answer to Question 2

E




WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jul 1, 2018
:D TYSM


miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library