Suppose a monopsonist hires its second worker and this hiring has a marginal factor cost of $75 per day. If the market wage is now $62.50 per day, what was the first employee earning when she worked alone?

"The typical age-earning cycle provides evidence of economic discrimination by age." Do you agree or disagree? Why?

What will be an ideal response?

Which of the following best defines total wealth?

A) financial wealth only B) financial wealth and housing wealth only C) human wealth only D) non-human wealth and human wealth E) none of the above