User Account

All Pages

Feature of demand for labor

Assignment Help Business Economics
Reference no: EM132559565

Q1: As a feature of demand for labor, which of the following scenarios offers the best example of derived demand?

A. An increase in the demand for movie tickets causes an increase in the price of tickets.
B. A decline in the demand for movie tickets causes a decrease in the demand for popcorn.
C. An increase in the demand for movie tickets causes an increase in the demand for movies.
D. A decline in the demand for movie tickets causes a decline in the demand for ushers.

Q2: The official definition of the poverty income level __________.

A. does not include Social Security benefits
B. is based on the cost of a minimally adequate diet
C. is adjusted every year for real income growth
D. includes any and all in-kind transfers

Q3: Which of the following is NOT an example of an in-kind transfer?

A. food stamps
B. Medicaid
C. rent subsidies
D. unemployment compensation

Q4: A politician who attempts to build a coalition of rent-seeking groups by brokering transfers to those groups is __________.

A. logrolling the rent-seeking groups
B. acting like an entrepreneur
C. breaking federal laws
D. looking for a legitimate solution

Reference no: EM132559565

Questions Cloud

Amount of labour needed to minimize losses : Use first and second-order derivatives to find the amount of labour needed to minimize losses.
What would be the choice for the second-line therapy : E.H. is a 45-year-old African American man who recently moved to the community from another state. He requests renewal of a prescription for a calcium channel.
Determine cournot nash equilibrium : Determine Cournot Nash Equilibrium and calculate the profitability of each company. Complete with pictures
What types of interactions could the clients use : You are asked to develop ways for a group of clients implanted with telemedicine devices to interact remotely. What types of interactions could the clients use.
Feature of demand for labor : As a feature of demand for labor, which of the following scenarios offers the best example of derived demand?
Explaining the key components of your research proposal : This week, you will submit an 8- to 10-minute recorded presentation explaining the key components of your research proposal. A brief introduction.
Avc and fc are some constant amount : If a firm organized as a corporation is making long run decisions, which of the following is true?
Developing a research proposal as part of your future career : Now that you have submitted your research proposal and you are preparing to submit your research proposal presentation, how confident do you feel about.
What is the significance of evidence-based practice : What is the significance of evidence-based practice to health care? Discuss the most reliable evidence-based sources. The response must be typed.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd