Poverty and Human Capital, Enabling labor to move out of low-wage occupations by

Poverty and Human Capital

Enabling labor to move out of low-wage occupations by enhancing their education, skills, training and mobility, which will tend to: (w) lower the wages of those who leave the low wage occupation. (x) raise the wages of those who remain in the low wage occupation. (y) put downward pressure on the minimum legal wage. (z) decrease the labor resources available to society.

Can someone explain/help me with best solution about problem of Economics..

View Complete Question

Related Questions in Microeconomics

Q : Price elasticity of demand when price

The Hobbit family buys 72 vegetarian specials yearly at a price of $3.00 each but would consume 192 yearly when the price dropped to $2.40. Therefore their price elasticity of demand is: (w) 4.09. (x) 2.05. (y) 6.15. (z) 0.26.

Q : Define deficient demand or deflationary

Define deficient demand or deflationary gap: Deficient demand occur whenever AD is less than AS at the level of full employment equilibrium

Q : Similarity between pure monopoly and

The demand curve facing a pure monopoly is similar to the: (w) sum of demand curves which face pure competitors. (x) "kinked" demands at the going market price. (y) the market demand curve for its product. (z) the firm's marginal reve

Q : Define Price discrimination Price

Price discrimination: The Price discrimination is a situation whenever a monopolist charges distinct price from various buyers of the similar product. This is usually done to maximize profits.

Q : Question on demand curve If the price

If the price of K declines, the demand curve for the complementary product J will: A) shift to the left. B) shift to the right. C) decrease. D) remain unchanged. Help me to get through from this problem.

Q : Problem on monopolistically competitive

Refer to the given diagram for a monopolistically competitive firm give the answer of following question. Long-run equilibrium price will be: 1) above A. 2) EF. 3) A. 4) B.

Q : Describing the problem of Moral Hazard

When an NBA all-star bets in opposition to his team in games he plays after getting the money designated in his contract, he would be describing the problem of: (1) Default a version. (2) Over achievement. (3) Moral hazard. (4) Stupidity.

Q : Federal minimum wage rose over

The LEAST likely outcome, when the federal minimum wage is increased $1 over the equilibrium wage rate, that would be for the: (w) unemployment rate of teenagers and unskilled workers to rise. (x) quantity of unskilled workers supplie

Q : Net revenue when price is given In the

In the diagram shown below, net revenue is maximum for Pixie’s cheesy fried grits at a price of: (1) P1. (2) P2. (3) P3. (4) P4.

Q : Demand perfectly price elastic

Demand is perfectly price elastic when the price for Pixie's cheesy fried grits is a mostly unmeasurably small bit below the: (1) zero. (2) P1. (3) P2. (4) P3. (5) P4.

Discover Q & A

Leading Solution Library

Avail More Than 1450468 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939814
Asked

3,689

Active Tutors

1450468

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment