--%>

Wage rate and labor in supplying

By the following choices in this illustrated graph, this worker would be happiest at point: (w) point a. (x) point b. (y) point c. (z) point d.

371_Problem on Supply of Labor.png

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Managerial Economics

  • Q : What is pricing strategies What is

    What is pricing strategies?

  • Q : Saving of production costs attributable

    The rental value of a high quality piece of agricultural land timely era is: (w) negatively associated to the price of agricultural output this could produce. (x) unrelated to the costs of its cultivation. (y) equal to the saving of production costs a

  • Q : Wage Rates and Marginal Resource Costs

    When all markets wherein a firm operates are purely competitive, in equilibrium the marginal resource cost of labor is the same to the: (w) firm’s marginal revenue. (x) marginal cost of output. (y) wage rate the firm must pay to hire more worker

  • Q : Accumulation of certificates of

    A potential employee’s accumulation of certificates and degrees to stimulate interest through a potential employer is termed by economists as: (1) specific training. (2) signaling. (3) general training. (4) screening. (5) ticket-punching. <

  • Q : Explain the Arc Method of Measurement

    Explain the Arc Method of Measurement of Elasticity.

  • Q : What are the types of price

    What are the types of price discrimination?

  • Q : Illustrates the term variable cost

    Illustrates the term variable cost?

  • Q : Price exceeds marginal cost in

    When, for a perfectly competitive firm that price exceeds the marginal cost of production then the firm must: w) raise its output. x) reduce its output. Y) keep output constant and enjoy the above normal profit. z) lower the price.

  • Q : Explain why firms may close in Short Run

    Val Alvarado, an accountant, quit his $80,000 year job and bought an existing laundry through its earlier owner, he was Ricky White. The lease has five years stayed and needs a monthly payment of $4,000. Val's explicit cost amounts to $3,000 per month more than his

  • Q : Equilibrium of the consumers of the two

    identify two goods consumed by the majority of the neighborhood communities. Qn. establish the equilibrium of the consumers of the two goods