If there is an increase in labor productivity

Assignment Help Microeconomics
Reference no: EM13898045

If there is an increase in labor productivity, there will be a:

A. Leftward shift of the labor supply curve

B. Rightward shift of the labor supply curve

C. Leftward shift of the labor demand curve

D. Rightward shift of the labor demand curve 

 

 

Reference no: EM13898045

Questions Cloud

A monopolistically competitive market : If long-run economic losses are being experienced in a monopolistically competitive market: A. More firms will enter the market
Compares canadian health care system to affordable care act : Compares and contrasts the Canadian Health care system to the Affordable Care Act. Discuss the similarities and differences that may exist. Propose a recommendation that could improve the Affordable Care Act.
Assume the absolute value of the price elasticity : Assume the absolute value of the price elasticity of demand for Nike shoes is 1.5. If the company decreases the price of each pair of shoes, total revenue will:A. Increase because more shoes will be sold
Substantive facts- what are the facts that led to the case : You need to draft a complete and thorough case brief that clearly establishes and includes the following: ISSUE: What is the court deciding in this case? SUBSTANTIVE FACTS: What are the facts that led to the case
If there is an increase in labor productivity : If there is an increase in labor productivity, there will be a: A. Leftward shift of the labor supply curve B. Rightward shift of the labor supply curve
Why was nancy rewarded for breaking the rules : Why was Nancy rewarded for breaking the rules? Describe what type of decision Nancy had to make. What decision alternatives were available to her besides the one she chose?
F there is an increase in labor productivity : f there is an increase in labor productivity, there will be a: A. Leftward shift of the labor supply curve B. Rightward shift of the labor supply curve
What factors affect the supply and demand : Select a good or service that you are familiar with (perhaps, a good that your company produces or a good or service that you like to buy). What factors affect the supply and demand of this good or service? How do you expect the equilibrium quantity

Reviews

Write a Review

Microeconomics Questions & Answers

  Concept of price ceiling and price floor on a market

Show the effects of a price ceiling and a price floor on a market. As for what happens with valuing is different than equilibrium, a rate Floor is Minimum wage where wage rate is bigger than the rate at equilibrium.

  What is the effect of an increase in the minimum wage

What is the effect of an increase in the minimum wage on the price of a McDonald's hamburger? What is the effect of an increase in the earned income tax credit on the price of a McDonald's hamburger?

  Differentiate what is fair and what is ethical

Reflect upon the ethical requirements imposed on businesses by the law and society. Sarbanes Oxley was enacted in response to widespread ethics violations. Do publicly traded companies owe ethical duties to their investors beyond making a profit

  What should the manufacturer do to stop losing money

In the late 1990s, car leasing was very popular in the United States. A customer would lease a car from the manufacturer for a set term, usually two years, and then have the option of keeping the car. If the customer decided to keep the car, the cust..

  Assuming demand is constant at 15 units per day and lead

the president of the wholesale distributor is concerned about the possibility of stockouts causing a loss of customer

  Evaluate the quality of the model

Test the null hypotheses that the slope terms are individually insignificant using one-tailed t-tests using a .05 level of significance and evaluate the quality of the model.

  Write down some of the current political and economic

in your quest to understand how your employees would be affected by any of the decisions you are going to make you also

  Airfare and hotel costs of vacation against foregone wages

You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and foregone wages) are gauged in dollars, but the benefits of the vacation are psychological. Compare the airfare and hotel costs of the vacation..

  Does this man that george would be just as weel off

With the per-unit prices of broccoli (b) and pork rinds (r) equal to $2 and $1, a consumer, George, with an income of $1000 purchases 400R and 300B. At that point, the consumers MRS = 2r/1b.

  Compute the expected value and the standard error for the

a random sample of size n 175 is taken from a population with population proportion p 0.71.calculate the expected

  How air conditioner market affected by unusually hot summer

Describe how the market for Alaskan king crab will be affected if, at the same time that medical reports confirm that suspected health benefits from consumption of Alaskan king crab meat, wages are increased for trawler men

  What was the companys free cash flow for the year

Corporate Bonds issued by ABC Corporation currently issued 12.1%. Municipal Bonds of equal risk currently yield 7.7%. At what tax rate would an investor be indifferent between these two bonds - What was the company's free cash flow for the year?

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!

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