In making labor supply decisions, ________ weigh the market wage against the value of leisure and time spent in unpaid household production.
A. households
B. financial markets
C. businesses
D. None of the above is correct.
Answer: A
You might also like to view...
An increase in the price of good 2 will cause the demand curve for good 1 to shift out.
Answer the following statement true (T) or false (F)
If a nation moves upward along its per-worker production function relating output per worker to capital per worker, then: a. labor productivity rises
b. labor productivity falls. c. the amount of capital decreases, other things constant. d. labor input decreases. e. the productivity of capital rises.
The 2001 amendment to the Commodity Credit Corporation (CCC) loan program tends to
A. Reduce downward price swings. B. Intensify upward price swings. C. Reduce upward price swings. D. aggravate downward price swings.
All games share three characteristics. Two of these characteristics are rule and strategies. What is the third characteristic called?
A) competition B) collusion C) results D) payoffs