《Sec 18.2 MC The Supply of Labor》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、1. Thelaborsupplycurveisfundamentallyarepresentationofthetrade-offpeoplefacebetweenwhichofthefollowing? a. workandwages b. workandleisure c. wagesandproductivity d. technologyandwagesANSWER: bDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.008-Ana
2、lyzethemarketsforthefactorsofproduction.TOPICS: LaboreconomicsLaborsupplyKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.18.2-MC-MANK082. Foraworker,theopportunitycostofanhourofleisure a. risesby$8whenhiswagerisesby$8perhour. b. fallsby$8whenhiswageris
3、esby$8perhour. c. isthesameforacelebritytalk-showhostasitisforateacher. d. isdeterminedbyfactorsthatareunrelatedtohishourlywage.ANSWER: aDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.304-Identifywhythequantityoflaborsuppliedusuallyincreaseswhent
4、hewageincreases.TOPICS: EconomicthinkingOpportunitycostKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 002.18.2-MC-MANK083. Fiona'shourlywageincreasesfrom$8to$10.WhichofthefollowingdescribesaconsequenceoftheincreaseinFiona'swage? a. TheopportunitycostofFio
5、na'sleisuretimehasdecreased. b. Fionamaychoosetoworkfewerhoursduetotheincreaseinherwage. c. IfFiona’slaborsupplycurveisupwardsloping,shewillchoosetoworkfewerhours. d. Bothaandbarecorrect.ANSWER: bDIFFICULTY: ModerateLEARNING OBJECTIVES: ECON.MANK.008
6、-Analyzethemarketsforthefactorsofproduction.TOPICS: LaboreconomicsLaborsupplyKEYWORDS: BLOOM'S:AnalysisCUSTOM ID: 003.18.2-MC-MANK084. Roxanne'shourlywageincreasesfrom$9to$13.WhichofthefollowingdescribesaconsequenceoftheincreaseinRoxanne'swage? a. Th
7、eopportunitycostofRoxanne'sleisuretimehasincreased. b. Roxannemaychoosetoworkfewerhoursduetotheincreaseinherwage. c. IfRoxanne’slaborsupplycurveisupwardsloping,shewillchoosetoworkfewerhours. d. Bothaandbarecorrect.CopyrightCengageLearning.PoweredbyCogne