Comparable worth laws can be justified by the fact that wages are determined exclusively by market forces.
Answer the following statement true (T) or false (F)
False
Comparable worth laws assume that nonmarket structures play an important role in determining wages.
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If Joshua gets 200 utils from consuming three slices of pizza, 220 utils from consuming four slices of pizza, and 230 utils from consuming five slices of pizza, then Joshua's marginal utility from the fifth slice of pizza is:
A. 230 utils. B. 30 utils. C. 20 utils. D. 10 utils.
The act of Congress which prohibited "unfair or deceptive acts or practices in commerce" is called
A) the Federal Trade Commission Act of 1914. B) the Clayton Act. C) the Sherman Act. D) the Robinson-Patman Act.
Consider player n in a sequential game. a. If the player can play 3 actions from a single node, how many pure strategies does he have? b. Suppose he can play 3 actions at each of two different nodes. How many pure strategies does he have now? c. Suppose he can play 3 actions at each of three different nodes. How many pure strategies does he have now? d. Suppose he can play 3 actions at each of four different nodes. How many pure strategies does he have now? e. Suppose he can play 3 actions at each of k different nodes. How many pure strategies does he have now?
What will be an ideal response?
As the number of firms in a cartel increases, the easier it is to enforce the cartel agreement
a. True b. False Indicate whether the statement is true or false