Labor demand for low-skilled workers in the United States is w= 24 - 0.1E where E is the number of workers (in millions) and w is the hourly wage. There are 120 million domestic U. S. low-skilled workers who supply labor inelastically. If the U. S. opened its borders to immigration, 20 million low-skill immigrants would enter the U. S. and supply labor inelastically. What is the market-clearing wage if immigra-tion is not allowed? What is the market-clearing wage with open borders? How much is the immigration surplus when the U. S. opens its borders? How much income is transferred from domestic workers to domestic firms?

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

Which term refers to the cost that motivates an economic decision

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.