What is the effect of monopsony on wages?
a. higher than competitive market
b. lower than competitive market
c. rapidly increasing over time
d. steady at equilibrium level
b. lower than competitive market
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Which form of business organization accounts for the largest proportion of sales in the United States?
A) the corporation B) the partnership C) the proprietorship D) the subchapter S partner-based proprietorship.
If the price of a good falls, before the amount consumed changes the marginal utility per dollar from that good
A) decreases. B) increases. C) might either increase or decrease depending on whether the good is a substitute or a complement. D) More information is needed to determine the answer.
Steve takes $500 from his paycheck and uses it to purchase U.S. Savings Bonds. Based on this information:
A. Steve has a capital gain of $500. B. Steve's saving has increased by $500. C. Steve's saving has decreased by $500. D. Steve's wealth is unchanged.
The systematic differences between the control and treatment groups can be controlled by taking two years data, _____.?
A. ?one treatment group before policy change and one after the change B. ?one before the policy change and one after the change C. one control group and one treatment group D. ?one control group before policy change and one after the change