Answer:
The correct answers are the following:
1 - C
2 - A
3 - B
4 - D
5 - C and D
Explanation:
1) The product of labor is a concept developed in economics in order to show the amount of output that a worker adds to a firm.
2) The demand curve of labor is the graphical representation of the relationship between the wage rate and the quantity of labor that the firms are willing to hire in the market where the workers go an offer their job.
3) The supply curce of labor is the graphical representation of the relationship between the wage rate and the quantity of labor that the workers are willing to offer in the market.
4) The marginal product of labor is the increase in the revenue that an additional worker will add to the amount of revenues already been made in the company when the worker is hire and puts himself to work.
5) An increase in the labor supply can happen be either an increase in the working population that increase the amount of supply of labor as well as an increase in the women's desire to work rather than stay at home with their kids.
Answer:
the answer is a survey about your income, expenses and assets
Implies that, for most people, the marginal benefit of reading a second newspaper is less than the marginal cost is the fact.
<h3>What is newspaper?</h3>
Newspaper is the paper that consist of the news in it, it publishes on the daily basis with the different news, there are different kind of news present in the paper like local news, international news, celebrities news, headline, exclusive news and others.
Thus, option C is correct.
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Answer:
The resulting rise in unemployment is mostly a rise in __cyclical____ unemployment because it is related to the state of the economy.
Explanation:
Frictional unemployment occurs as a result of workers' search for or transition to new jobs. It is brief and does not leave a mark on the economy. Structural unemployment comes about when the skills of workers do not match the requirements of employers. Therefore, workers require retraining and reskilling. Cyclical unemployment relates to the macro-economic situation that is prevailing during periods of recession.