If a partnership raised funds by recruiting additional owners to invest in the firm, what would happen to the firm's financial capital?

What will be an ideal response?

The firm's financial capital would increase.

Economics

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The above figure shows the market for biologists. The government decides to set a minimum wage for biologists of $18 per hour. After this minimum wage is in effect, the deadweight loss equals ________

A) $400 B) $200 C) $800 D) $1600 E) $100

Economics

When the monopsony model is combined with the inclusive union model the result is a case of:

A. Occupational licensing B. Noncompeting groups C. Bilateral monopoly D. Institutional immobilities

Economics