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

Author Question: Factor Incomes and Income DistributionThe graph shows the market for construction workers and the ... (Read 679 times)

eboni

  • Full Member
  • ***
  • Posts: 135
on: Nov 23, 2022
Factor Incomes and Income Distribution

The graph shows the market for construction workers and the market for secretaries.
 
Assume that P1=$244, P2=$547, P3=$881, Q1=250, Q2=345, Q3=530, Q4=85, Q5=150, and Q6=170. Suppose that construction workers are currently being paid a market equilibrium wage of $881 a week, and secretaries are being paid a market equilibrium wage of $244 a week. After comparable-worth legislation is passed, a study finds that construction workers and secretaries have comparable jobs, so employers will now be required to pay workers in both jobs $547 a week. This results in a ________ (shortage/surplus) of ________ construction workers and a ________ (shortage/surplus) of ________ secretaries.
◦ surplus, 280, shortage, 20
◦ surplus, 95, surplus,85
◦ shortage, 95, shortage, 20
◦ shortage, 280, surplus, 85
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by eboni on Nov 23, 2022

kuttz

  • Full Member
  • ***
  • Posts: 168
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


eboni

  • Member
  • Posts: 135
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

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

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Mendel's analyses of single-factor crosses Mendel's analyses of single-factor crosses
Sequential decline of whale catches in the Antarctic shows the strong effect of human predators. Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ... Dolores Huerta and Cesar Chavez, leaders of the United Farm Workers, discuss their 1968 strike of ...
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
calculus homework graph help please calculus homework graph help please
Which of the following is not a unit factor related to a 15.0% aqueous solution Which of the following is not a unit factor related to a 15.0% aqueous solution
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library