A worker supplies labor to the market if the
A) wage is less than the reservation wage.
B) wage is greater than the reservation wage.
C) minimum wage is less than the reservation wage.
D) demand for labor exceeds the supply of labor.
B
Economics
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The data in the table above give two points on the demand curve for pizza. Using the midpoint method, when the price of a pizza falls from $10 to $9, what is the price elasticity of demand?
A) 0.5 B) 0.6 C) 0.9 D) 2.1 E) 8.6
Economics
As a percentage of total federal revenues the corporate income tax has _____
a. increased since 1960 b. declined since 1960 c. fallen during the 1980s, but risen since 1992 d. remained fairly constant since 1960
Economics