--%>

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 : Concavity in production possibilities

    Concavity (or bowed-out shapes) in production possibilities frontiers is described least fine by: (i) The law of diminishing returns. (ii) Resources being unevenly suited for various forms of production. (iii) Rising opportunity costs. (iv) Non-neutra

  • Q : Market equlibrium challenges of

    challenges of Equilibrium picing in devloping countries

  • Q : Average rate of return in Human Capital

    This illustrated graph indicates that, there on average, rate of return to education is greatest for finishing the previous year of: (1) kindergarten, at point a. (2) grade school, at point b. (3) high school, at point c. (4) undergraduate college, at

  • Q : What did professor Hidbon illustrates

    What did professor Hidbon illustrates about Demand?

  • Q : Marginal Productivity Theory The

    The economic theorist most famed for developing marginal productivity theory was: (1) Thorstein Veblen. (2) Karl Marx. (3) Alfred Marshall. (4) John Bates Clark. (5) Vilfredo Pareto. Can someone ex

  • Q : States the term Production States the

    States the term Production?

  • Q : Illustrates the types of Demand

    Illustrates the types of Demand Forecasting?

  • Q : Free labor in competitive firm When

    When labor was free, in that case this purely competitive firm as in illustrated graph would hire. (1) 600 workers. (2) 700 workers. (3) 800 workers. (4) 900 workers. (5) 1000 workers.

    Q : Extension/contraction and shift in

    Differentiate between extension/contraction and shift in demand?

  • Q : Pay the lowest wages in market

    Occupations along with the highest percentage of women workers tend to: (1) pay the highest wages. (2) need relatively more human capital and experience. (3) pay the lowest wages. (4) require very small human capital or experience.