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Question
Which of the following can result in job rationing?i. minimum wage
ii. union wage
iii. diminishing returns
A) i only
B) ii only
C) iii only
D) i and ii
E) i, ii, and iii
Answer
This answer is hidden. It contains 1 characters.
Related questions
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Scarcity results from the fact that
A) people's wants exceed the resources available to satisfy them.
B) not all goals are desirable.
C) we cannot answer the major economic questions.
D) choices made in self-interest are not always in the social interest.
E) the population keeps growing.
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Why does scarcity lead to the what, how, and for whom questions?
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B) the social interest.
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