Which of the following would result in a short-run increase, Ask an Expert

Economics

Which of the following would result in a short-run increase in the wage rate in a com- petitive labor market?

(a) An increase in immigration.

(b) An increase in the output price.

(d) An increase in native labor supply.

(e) A decrease in labor demand.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91725456

Have any Question?Write your Review or question?

Related Questions in Business Economics

Practical exercise 1assume the demand for teachers ld in a

Practical Exercise 1: Assume the demand for teachers (Ld) in a school is given by the following equation: W = 1700 - 2L D and the supply of teachers (L S ) depends on whether the school is a public school or private sch ...

Assume that your business firm is a price taker and that

Assume that your business firm is a price taker and that the company sells widgets at $10 apiece. Your firm is maximizing profits. One of your engineers discovers the presence of a substitute input that enables you to cu ...

A how can use the criteria for evaluating alternative

a) How can use the criteria for evaluating alternative methods of government finance to assess the most important revenue proposals of the 2018/19 budget. b) In the case tax is most important revenue proposals of the 201 ...

People were polled on how many books they read the previous

People were polled on how many books they read the previous year. How many subjects are needed to estimate the number of books read the previous year within one book with 99% confidence? Initial survey results indicate t ...

Consider a machine with exponential reliability model

Consider a machine with exponential reliability model. Assume that the breakdown rate is 1 and the repair rate is 2. Calculate the probability that the machine is up for more than 10 units of time. Calculate the probabil ...

Charlies indifference curves have the Charlie's indifference curves have the equation xB

Charlie's indifference curves have the equation xB = cons tan t/xA , where larger constants denote better indifference curves. Charlie strictly prefers the bundle (6, 16) to a. the bundle (16, 6). b. the bundle (7, 15 ...

How might profit maximization lead to higher demand for

How might profit maximization lead to higher demand for female workers and result in female workers earning higher wages than male workers in the same firm?

A biased coin has probability 06 of turning up heads you

A biased coin has probability 0.6 of turning up heads. You win $x if a head comes up and you lose $y if a tail comes up. If your expected winnings is $0, what is the relationship between x and y?

Assume newspaper for garbage or recycling has a standard

Assume newspaper for garbage or recycling has a standard deviation of 2 pounds. If we want to estimate the average amount of newspaper for garbage or recycling within .25 pounds with 90% confidence, how many households m ...

You are correct that the more financial leverage a business

You are correct that the more financial leverage a business has the more risky it becomes. Can you point out why this is true for a business?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert