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4 years ago

What is the correct answer Even when competitive firms are unable to calculate marginal revenue product directly,

1 answer:

8 0

Answer: The corrects answers are "C) the pressures of competition in the labor market" and A) will push wage rates toward the marginal revenue product of labor.".

Explanation: Because the correct and complete statement would be: Even when competitive companies cannot directly calculate the product of marginal income, the pressures of competition in the labor market will push wage rates towards the product of marginal income from labor.

Making it clear that the strong pressures that are the product of competition in the labor market pushed wage rates towards the product of marginal income.

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"An individual is unique and does not speak for or represent anything other than themselves." This statement is an argument agai

sammy [17]

Answer:

C: stereotypes

Explanation:

4 0

3 years ago

Water is an extremely important part of nutrition, and we should drink water daily<br>True<br>False

velikii [3]

This is definitely true for all people.

3 0

4 years ago

A country currently has a population of 100 million and an annual growth rate of 3.5 percent. If the growth rate remains constan

pogonyaev

Answer:

D. 400 million

Explanation:

Current Population of the country = 100 million

growth rate per year = g = 3.5%

Number of Years = n = 40 Years

Population after 40 year = ?

To calculate the population after 40 year use following formula:

Population after 40 years = Current year population x ( 1 + growth rate )^ number of years

Population after 40 years = Current year population x $( 1 + g )^{n}$

Population after 40 years = 100 million x $( 1 + 0.035 )^{40}$

Population after 40 years = 100 million x $( 1.035 )^{40}$

Population after 40 years = 100 million x 3.959259

Population after 40 years = 395.93 million

Population after 40 years = 400 million ( Rounded off to nearest hundred )

6 0

4 years ago

For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand, aggregate supply,

Bad White [126]

Answer:

2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both

Explanation:

a. $1,000 per person tax reduction ⇒ focus on aggregate demand (more money for consumers to spend)

b. a 5% reduction in all tax rates ⇒ focus on both aggregate demand and supply (more money for consumers and suppliers)

c. Pell Grants, which are government subsidies for college education ⇒ focus on aggregate supply (more money for suppliers of college education)

d. government-sponsored prizes for new scientific discoveries ⇒ focus on aggregate supply (more money for suppliers of new scientific discoveries)

e. an increase in unemployment compensation ⇒ focus on both aggregate demand and supply (more money for consumers resulting in higher prices and lower output)

4 0

3 years ago

8. True False.

s2008m [1.1K]

False

True

False
False

8 0

3 years ago