1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vampirchik [111]
3 years ago
5

Your textbook discussed a model of a simple economy with four markets: labor, capital, energy, and food. Which of the following

statements is inconsistent with a general equilibrium for this simple economy?
A. The household demand for energy equals the industry supply of energy.
B. The household demand for food equals the industry supply of food.
C. The household demand for labor equals the industry supply of labor.
D. The household supply of capital equals the industry demand for capital.
Business
1 answer:
Mkey [24]3 years ago
5 0

Answer:

The correct answer is the option C: The household demand for labor equals the industry supply of labor

Explanation:

To begin with, when it comes to the microeconomics theory the market of labor is considered to be as a factor of production market and from that point of view the labor is demanded by the companies to the households who are the ones who offered the labor due to the fact that the workers are the one who put their force to disposition of the companies. And that is why that it would be inconsistent to say that the household demand for labor will equals the industry supply of labor, because it is all the way around, the household supply of labor will equals the industry demand of it.

You might be interested in
Which describes the process by which assets or equipment decrease in value
JulsSmile [24]
Depreciation is the correct answer
4 0
2 years ago
What’s the best business in the world
nirvana33 [79]
Technology wise: Apple or Microsoft

Food wise: McDonalds or KFC
4 0
3 years ago
Which of these companies exemplifies the globalization of markets? a. The clothes of Sea Shell Fashions, a U.S.-based company, a
kondaur [170]

Answer:

c. Fluffy Pillows, a U.S.-based pillow company, sells the same pillows worldwide.

Explanation:

Globalization of markets occurs when different markets in the world are integrated and merged into just one market when similar tastes, preferences, norms, convenience and values are identified which facilitate a gradual change in culture towards the use of similar commodities.

The the sale of the same pillows worldwide by the U.S.-based pillow company, Fluffy Pillows, is a good example of globalization of markets .This is because the company has been able to integrate and merger all the pillow markets in the world to just one and has therefore facilitated a gradual change in tastes and preferences for its pillow making the use of the same pillow possible worldwide.

I wish you all the best.

7 0
3 years ago
Read 2 more answers
The freedom to make your own decisions can be limited if the business you choose is a A. home-based business. B. franchise. C. w
Allisa [31]
The answer is franchise
7 0
2 years ago
Social mobility in the u.s. does not depend on where one starts in the class system anthropolgy
alexgriva [62]
The statement above is TRUE.
Social mobility refers to the movement of individuals or families within or between social strata in a particular society. It means a change in social status relative to one's present location with a given society. Social mobility in US does not depend on where one start in the class system; one can come from the lowest class strata and become one of the richest individual and an individual from a very rich family can also end up as a p.auper. A lot of factors come to play in these situations.
6 0
3 years ago
Other questions:
  • What is DYS Camp Avery?
    6·1 answer
  • Themarketpriceofasecurityis$50.Itsexpectedrateofreturnis14%.Therisk-freerateis6%, and the market risk premium is 8.5%. What will
    11·1 answer
  • Pat Smith is personnel director for a large bank. Her major goal is to find a person who can adapt his or her leadership to diff
    14·1 answer
  • OSHA standards appear in the ___________ and are then broken down into ____________.
    8·1 answer
  • Which of the following characteristics is a disadvantage of cloud-based hosting?
    8·1 answer
  • The U.S. market is large, but many other countries have what advantage over the U.S.?
    15·1 answer
  • In terms of corporate social responsibility, MNEs should ______.
    13·1 answer
  • A social media ad costs $2 per person reached and 60% purchase. A traditional media ad costs $0.10 per person
    10·1 answer
  • Question 8 of 10
    9·2 answers
  • What is the real value of your savings if the price level increases by 6 percent for the year?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!