Suppose bad weather in Florida unexpectedly results in a much smaller citrus crop than had been projected. This would tend to cause the labor demand curve for citrus pickers to shift to the
A) left, increasing wages. B) right, increasing wages.
C) left, decreasing wages. D) right, decreasing wages.
C
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Greater availability of lower-cost drugs will tend to shift the ________ curve for medical services to the ________
A) demand; right B) supply; left C) supply; right D) demand; left
Given the information in Scenario 14.1, what is the marginal revenue product of labor?
A) 0.5L-1/2 B) 2L-1/2 C) 12L-1/2 D) 24L-1/2
In 2010, the proportion of all poverty-level families headed by a female was
a. approximately one-fourth. b. approximately one-third. c. approximately half. d. more than three-fourths.
What will decrease LRAS?
a. a natural disaster that destroys much of the infrastructure in the country b. an increase in the labor force c. an increase in the nation's energy reserves d. all