Resource Prices and Utilization

《Resource Prices and Utilization》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、ResourcePricesandUtilization1.Theconceptof"wages"doesnotincludewhichoneofthefollowingitems?  A. directmoneypaymentslikesalariesandcommissionsB. bonusesandroyaltiesC. amountsspentbyworkersD. fringebenefitslikehealthinsuranceandpaidleave 2.Productivitymeasures(suchasoutp

2、utperworker-hour)andwageratesadjustedforinflationintheUnitedStatesare  A. inverselyrelated.B. unrelated.C. directly,butnotclosely,related.D. directlyandcloselyrelated. 3.WhichofthefollowinghasnotbeenamajorfactorcontributingtothehighproductivityoflaborintheUnitedStates?

3、  A. highwageratesB. technologicaladvancementC. educationandtrainingofworkersD. highlevelsofcapitalinvestment 4.Whichofthefollowingisanexplanationforthehighlabor-productivityintheUnitedStates?  A. plentifulcapitalresourcesB. hightotaloutputinindustriesC. highpriceoflab

4、orD. plentifullaborresources 5.Whichofthefollowingisavalidexplanationforrealwagegrowth?  A. therisingcostofcapitalaccumulationB. acontractionofemploymentinmanufacturingindustriesC. anincreaseinthequantityoflaborD. arisingrateoflaborproductivitygrowth 6.Usethefollowingt

5、able,whichshowsafirm'slaborinput,totaloutputoflabor,andproductpriceschedules,toanswerthenextquestion.Laboristheonlyvariableinput.  UnitsofLaborTotalOutputperDayPriceofGood210$10314  9419  8523  4627  6731  5 Whatisthemarginalrevenueproductofthefifthworker?  A. $6B. $7C

6、. $8D. $9 7.Usethefollowingtable,whichshowsafirm'slaborinput,totaloutputoflabor,andproductpriceschedules,toanswerthenextquestion.Laboristheonlyvariableinput.   UnitsofLaborTotalOutputperDayPriceofGood210$10314  9419  8523  4627  6731  5   Howmanyworkerswilltheprofit-ma

7、ximizingfirmhireifthewagerateis$8perday?  A. 3B. 4C. 5D. 6 8.Afirmoperatinginapurelycompetitivelabormarkethasthefollowingmarginalrevenueproductschedule. WorkersMRP1$242 223 204 185 166 147 12    Ifthewageratedecreasesfrom$17to$13,byhowmuchwillthefirmexpandemployment?  

8、A. 5workersB. 4workersC. 3workersD. 2workers 9.Aprofit-maximizingfirmoperatesinpurelycompetitiveproductandresourcemar