Suppose a firm purchases labor in a competitive labor market and sells its product in a competitive product market. the firm’s elasticity of demand for labor is 0.4. suppose the wage increases by 5 percent. what will happen to the amount of labor hired by the firm? what will happen to the marginal productivity of the last worker hired by the firm?

At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you

What two things do you consider when evaluating the time value of money

In the fall of 2008, aig, the largest insurance company in the world at the time, was at risk of defaulting due to the severity of the global financial crisis. as a result, the u. s. government stepped in to support aig with large capital injections and an ownership stake. how would this affect, if at all, the yield and risk premium on aig corporate debt?