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kipiarov [429]
3 years ago
13

What is one explanation for why this labor supply curve is upward sloping? the opportunity cost of leisure decreases as wages de

crease. people prefer to spend time doing leisure activities rather than working. labor production functions exhibit diminishing marginal returns. unemployment benefits are steadily declining?
Business
2 answers:
san4es73 [151]3 years ago
8 0
I believe the correct answer is the first option. The labor supply curve is upward sloping because the opportunity cost of leisure decreases as wages decrease and the opposite of such is true as well. As one work one hour more, one will have less time for other activities. As the work rate increases in value, then the opportunity cost increases as well.
Sav [38]3 years ago
8 0

Answer:

You correct answer is the fist one the labor supply curve is sloping upwards because the opportunity cost of leisure decreases as wages decline and the opposite is true as well. As you work one more hour, you will have less time for other activities.

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The total amount of debt owed by the Federal government is represented by the total value of the outstanding:
Angelina_Jolie [31]

Answer:

U.S. government securities

Explanation:

Governments use different methods to regulate money flow within the economy and also to borrow money for running it's activities.

One of such methods is the sale of government securities.

They are issued to buyers to obtain funds for government use. The government now makes a commitment to pay the owed amount at a future date.

They include: treasury bills, treasury notes, treasury bonds, and treasury certificates.

Government securities represents the total amount of debt owed by the Federal government

6 0
3 years ago
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svetlana [45]

Answer:

Pay

Explanation:

Auto liability insurance helps offset the costs of bodily injuries and property damages to the other driver. The principle applies if you are the one at fault in the of an accident.

Auto liability insurance coverage is mandatory by law. It covers the medical expenses of the other party. In some circumstances, it may cover lost wages and legal fees in case the other party files a lawsuit. It also covers the repair or replacement cost of the other drivers' car.

4 0
3 years ago
Which repayment plan will you be placed on automatically?
BartSMP [9]

The standard repayment plan is the basic plan for repaying student loans. You're automatically placed in this plan when you start repayment, unless you select a different option.

4 0
2 years ago
Brainstorming is only effective when done
scoundrel [369]

Answer:

In groups

Explanation:

Brainstorming is a problem-solving technique where members of a group are encouraged to contribute ideas that could solve the problem at hand. There are right or wrong proposals. Every suggestion is discussed extensively.

Brainstorming allows for deliberations on diverse possible solutions to a problem. The idea that is acceptable by all members is considered the group's decision.

4 0
3 years ago
The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to
Monica [59]

Answer:

The correct answer is C

Explanation:

Demand for business products is referred to as the derived demand, which means that the firm or business bought the products to be used while producing the products of customer.

And a small decrease or increase in the demand of the consumer could produce the larger change in the demand for the manufacturing equipment and facilities required to make the product for consumer.

So, the needs of the customer states that the demand for the business product is derived.

8 0
3 years ago
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