Factor-price differentials might persist in equilibrium because of A. compensating differentials where, for example, some jobs are cleaner than others. B. intrinsic differences where, for example, some jobs allow for independence and flexibility. C. intrinsic differences where, for example, the fertility of land can only be increased with costly fertilizers. D. compensating differentials where, for example, engineers must train to acquire adequate skills for employment.

The government wants to encourage individuals on welfare to become employed. It is considering two possible incentive programs: a. Give firms $2 per hour for every individual on welfare who is hired. b. Give each firm that hires one or more welfare workers a payment of $1,000 per year, irrespective of the number it hires. To what extent is each of these programs likely to be effective at increasing the employment opportunities of welfare workers? Giving firms $2 per hour for every individual on welfare who is hired O A. is likely to be unsuccessful because firms hire workers such that the marginal revenue product of labor equals the marginal cost of labor, and this approach reduces the marginal cost of labor by $2, decreasing employment. O B. is likely to be unsuccessful because the substitution effect from a wage decrease is negative in terms of hours of work. OC. may be successful or may be unsuccessful depending on whether the income effect or the substitution effect from a wage…

1. Using a standard supply and demand framework and the assumption that skilled and unskilled workers are complementary (rather than substitutes), an increased supply of low skilled immigrant labor is expected to  a.lower the wages of unskilled workers, and raise the wages of skilled workers. b.lower the wages of unskilled workers, but have no impact on the wages of skilled workers. c.raise the wages of unskilled workers, and lower the wages of skilled workers. d.lower the wages of both skilled and unskilled workers.

States, cities and towns use all of the following incentives to attract and keep employers except: 15. a. Offering tax breaks b. Negotiating reduced rates for electricity c. Sponsoring science parks d. Developing import-export banks e. Supporting technology extension centers 16. Statement I: Compared to other industrial countries, the United States does a mediocre job of educating primary and secondary students in math and science Statement ll: To help remedy mediocre performance by students in math and science, and other subject matter areas of study the federal government insists on a minimum level of funding per capita for primary and secondary public school students a. Statement I and statement lI are both true b. Statement I and statement II are both false Statement I is true and statement Il is false c. d. Statement I is false and statement lI is true 17. Lowering regulatory barriers to overseas investment and imported products is part of: a. “fair trade” b.…

The figure compares the compensation that a shoe salesperson receives if she is on a straight salary of $40 per day or if she receives a commission of $5 for each pair of shoes sold. 100- Commission 90- Which compensation structure is preferred by the salesperson? 80- Suppose the salesperson sells more than 8 pairs of shoes per day and only cares about compensation. 70 60- For the salesperson, the is preferred. 50- Salary 40- 30- 20- 10 10 12 14 Pairs of shoes per day 16 18 20 Compensation received per day

Q3 Just tell me the answer, don't need to explain.       Please answer correct explain please asap please Don't answer by pen paper plz.

1. factor markets? take an example 2. changes of labor supply and labor demand? take an example 3.Optimal choice of factors in perfectly competitive factor markets? take an example

4. Winona has 80 hours to divide between leisure and labor. Her utility function is u(r,c) = f(r) + c, when r represents hours of leisure, c represents dollars of consumption, and fis strictly concave. Winona's wage is wo = $15/hr. initially, then it rises to wi = $20/hr. (i) Explain what happens to Winona's labor supply when the wage rises, and why. (ii) Explain how the answer to (i) would change if Winona were to win a lottery.

i need these shown graphically

5. Provide answers for the each of the following independent questions. a. Suppose Auto Fitters sells auto parts and car accessories from coast to coast. Last year's report suggested that a good salesperson can sell $1,000,000 a year worth of goods, while a poor one can sell only $100,000. Job applicants know if they are good or bad salespeople, but the hiring manager does not. The firm will offer job applicants a choice of a fixed salary of $25,000 or a commission of 20%. Assuming risk-neutral salespersons and the possibility of opportunistic behaviour, will this choice of contracts allow the firm to distinguish between good salespeople and bad ones before the hiring decision is made? b. Suppose Janet has the following demands for regular medical visits: Q = 12 – 0.2P when she is healthy, and Q = 40 – 0.4P when she is sick. Under the current insurance plan, Janet pays an average of $60 per visit, and she is sick 50% of the time. Janet considers an alternative insurance plan so she can…