Which of the following would be a private cost to a cigarette manufacturer?
a. Price of leaf tobacco.
b. Cost to the government of the hospital expenses of indigent smokers.
c. Increased risk of cancer to the nonsmoking passengers in the smoker's carpool.
d. Price of a pack of cigarettes.
e. The loss in utility received because the smoker must stand outside her office building in the winter to smoke.
a
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Herzberg believed that increasing which of the following would increase job satisfaction?
a. breadth b. job enlargement c. hygiene d. depth
A firm is a price taker in the labor market if
A) the skills of available workers do not match the requirements for the job. B) there is a scarcity of labor in the market. C) the hiring of more workers will drive the existing wage rate up. D) the hiring of more workers will leave the existing wage rate unchanged.