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krok68 [10]
3 years ago
8

Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where h

e earns $13 per hour. During the summer, he drives a tour bus around the ski resort, earning $11 per hour. Assume that Sam has an upward-sloping labor supply curve. If the opportunity cost of Sam's leisure time increases, he will respond by working:__________
Business
1 answer:
viktelen [127]3 years ago
3 0

Answer:

more hours

Explanation:

Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives

time is a limited resource that has to be shared between work and leisure. If the opportunity cost of leisure increases, it means he is giving up more work to rest. As a result, he would increase his work hours

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Answer:

The correct statement lies in option C.

Monopolies negatively affect consumers.

Explanation:

  • The statement that best captures the economic message of the cartoon is that monopolies negatively affect consumers.
  • When a specific enterprise or person is the only supplier in the market, it is called monopoly.
  • Monopoly can result to higher prices of the good, also known as price taker as there is no other enterprise which can supply the same good.
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Dmitrij [34]

Answer:

The answer to this question is given below in the explanation section.

Explanation:

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There are four traits of constructive critisim.

So, the correct answer to this question is given below:

D: Positivity, Solution-Oriented, Specific, and private.

While other options are not correct because the four traits of constructive criticism are starting from positivity, solution-oriented, specific, and private.

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