Minimum-wage
Select the right ans wer of the question. Critics of minimum-wage legislation argue that it: A) keeps inefficient producers in business. B) reduces employment.C) undermines incentives to work. D) is deflationary.
Discuss the impact of a monopoly on the welfare of the citizens of the country. In your discussion you should include policies that can be implemented by the government too reduce the abuse of dominant position in the market.
When Prohibition Corporation maximizes profit within its production of St. Valentine’s Day software, there average cost per unit of it produced will be roughly: (i) $4 per copy. (ii) $10 per copy. (iii) $18 per copy. (iv) $24 per copy. (v) $32 per copy.
A price-taker firm’s marginal revenue is: (w) constant and identical to price. (x) less than average revenue. (y) sufficient to cover all short-run costs. (z) determined by the firm’s supply curve. Q : Problem on spending shares of national The view which big corporations unfailingly capture much stable shares of spending out of national income is: (i) Accepted by almost all the economists. (ii) Contrary to the confirmation of turnover among big over the decades. (iii) The symptom of strong competition.
The view which big corporations unfailingly capture much stable shares of spending out of national income is: (i) Accepted by almost all the economists. (ii) Contrary to the confirmation of turnover among big over the decades. (iii) The symptom of strong competition.
When income elasticity of market demand is minus 1 (one), the good is: (w) average good. (x) intermediate good. (y) inferior good. (z) "image" good. How can I solve my economics problem? Please suggest me the corre
I have a problem in economics on Problem on sole Proprietorships. Please help me in the following question. The form of business association with the greatest potential financial liability for its owners is the: (1) Corporation. (2) Sole proprietorshi
I have a problem in economics on Monopsonistic firms-Pay lower wages. Please help me in the following question. Relative to the firms hiring in a competitive labor market, the monopsonistic firms tend to: (1) Hire more workers. (2) Hire labor up to a
Price variation tendencies are indeterminate while we know simply that: (1) super star salaries make this hard for team owners to meet rising demands for sporting events. (2) more people main in music although demands for musicians are falling. (3) oi
An asset's liquidity is, by description, MOST negatively associated to the: (1) asset's suitability as a commodity money. (2) transaction costs incurred in its purchase or sale. (3) speed with which that can be sold. (4) certainty about its market pri
The nearest to being a synonym of the term “utility” is: (1) Universal.. (2) Consumption. (3) Satisfaction. (4) Multi-faceted. (5) Marginalism Can someone help me in getting through this problem.
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