Jacinda, a college student, waits tables at a local diner to earn extra cash. In order to differentiate herself from other wait staff, Jacinda took a life saving course from the local hospital, where she learned the proper procedures to use in cases of choking. This is an example of a market signal.
Answer the following statement true (T) or false (F)
True
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Consider a law that limits women's access to certain "dangerous" occupations like coal mining and military combat service. Such a law would likely reduce women's wages because:
a. women would be overqualified for "non-dangerous" jobs. b. labor supply in female-intensive occupations would increase. c. women would be less likely to obtain college degrees. d. comparable worth would no longer exist between men's and women's occupations.
In some situations, private economic actors cannot solve the problem of externalities among themselves because of substantial _________ costs
Fill in the blank(s) with correct word
State the case for and the case against currency bailouts.
What will be an ideal response?
A consumer likes two goods: hamburgers and watermelons. The five bundles shown in the table below lie on the same indifference curve for the consumer. Bundle Hamburgers Watermelons A 10 3 B 5 3 C 3 3 D 3 5 E 3 10
Which of the following statements regarding these bundles is correct? a. The goods are perfect substitutes for this consumer. b. The goods are perfect complements for this consumer. c. The bundles violate the property that indifference curves do not cross. d. Both b) and c) are correct.