Business, 04.11.2021 20:10 pablogonzaleztellez

1. Suppose that all workers and jobs in a hypothetical economy are homogeneous. Explain why no wage differentials would exist if this economy were perfectly competitive and information and mobility were costless. Explain why wage differentials would arise, if, on the other hand, information and mobility were imperfect and costly.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, amandajbrewerdavis

Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?

Answers: 2

continue

Business, 22.06.2019 11:30, khynia11

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million

Answers: 3

continue

Business, 22.06.2019 16:20, valdezavery1373

The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 10 and the daily production rate is 100. the production order quantity for this problem is approximately:

Answers: 1

continue

Business, 22.06.2019 17:30, katy9091

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in

Answers: 1

continue

You know the right answer?

1. Suppose that all workers and jobs in a hypothetical economy are homogeneous. Explain why no wage...