Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help in these questions. Please I have 20 minutes only, Answer the questions correctly and do not make any mistake. Question 46 The
I need help in these questions. Please I have 20 minutes only, Answer the questions correctly and do not make any mistake.
Question 46 The value of the marginal product equals the price times the marginal product. O True O FalseQuestion 44 Which of the following will not shift the market supply of labor to the right? O A. An increase in labor force participation rates by women. O B. An increase in the population. O C. A change in labor/leisure choices that reduce leisure by workers. O D. A decrease in labor force participation rates by men.Question 42 Which of the following is not an implication of viewing labor as a consumption good? O A. People sort themselves into careers by their preferences. O B. Workers must be paid higher wages to compensate for risky jobs. O C. Workers are forced to take lower wages to compensate for nasty jobs.Question 45 Which of the following will not cause demand for labor to become more elastic? O A. The demand for the good labor produces becomes more elastic. O B. The demand for the good labor produces becomes less elastic, O C. Labor costs become a larger percentage of total production costs.Question 43 A monopsony is a: O A. market with only one seller O B. market with only one buyer O C market with many buyers O D. market with many sellers
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started