Every individual has a labor supply curve in each market where there is a possible use for his/her labor
a. True
b. False
A
Economics
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Which of the following was an implication of the U.S. government's Clean Air Act Amendments (CAAA) of 1977?
A) It acted as a barrier to entry. B) It increased consumer surplus. C) It reduced the profits of existing firms. D) It reduced the market power of existing firms.
Economics
In the above figure, the marginal product of labor is zero at point
A) a. B) c. C) e. D) f.
Economics
President Bush lowered income taxes for individuals in 2001. Explain how lower income taxes affect the aggregate demand curve
What will be an ideal response?
Economics
Which of the following does NOT affect a worker's marginal productivity?
A) education B) training C) talent D) inheritance of money
Economics