The unintended consequences of an economic change that are not immediately identifiable but are felt only with time are known in economics as

How is a competitive firm's demand for labor derived when labor is the firm's only variablefactor of production in the short run?

What will be an ideal response?

In the ultimatum game, when the allocator and the recipient care about fairness, how is the distribution of $20.00 affected?

a. Allocators receive everything, and recipients receive nothing. b. Recipients usually reject offers of less than a 10 percent share. c. Allocators usually offer recipients a very small share. d. Allocators and recipients always end up sharing the $20.00 equally.