Which of the following would tend to raise real wages?
a. An increase in the demand for labor and no change in the supply of labor
b. A decrease in the demand for labor and no change in the supply of labor.
c. An increase in the demand for labor that is greater than an increase in the supply of labor.
d. Either (a) or (c).
d
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Refer to the figure below. 
The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.
A. keep rates high; offer reduced rates B. offer reduced rates; keep rates high C. offer reduced rates; offer reduced rates D. keep rates high; keep rates high
The statement "There is no accounting for taste" implies
A) individuals all have the same preferences. B) individuals all have different cardinal preferences but the same ordinal preferences. C) individuals all have different ordinal preferences but the same cardinal preferences. D) individuals all have different ordinal and cardinal preferences.
Concentration may influence leading firm profit regardless of whether entry is easy
Indicate whether the statement is true or false
The Coase theorem asserts that private economic actors can solve the problem of externalities among themselves, without government intervention, regardless of whether those actors incur significant costs in reaching and enforcing an agreement
a. True b. False Indicate whether the statement is true or false