A signal is
a. anything used to show employees in a market that demand in a profession has increased
b. anything used to show employees in a market that supply in a profession has increased
c. a proxy used to indicate possession of unobservable qualities required for a particular job
d. a way for employers to discriminate against certain groups of people
e. a way for employees to learn to stay out of certain professions
C
Economics
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The supply curve is upward sloping because of
A) increasing marginal cost. B) decreasing marginal benefit. C) decreasing marginal cost. D) increasing marginal benefit. E) increasing total cost.
Economics
The shape of the demand curve for labor shows how responsive firms are to changes in wages.
Answer the following statement true (T) or false (F)
Economics