Land will be allocated between competing uses so that ?

Related Mcqs:

Which of the following is not part of a worker’s human capital ?

A. education B. experience C. all of these answers are parts of a worker’s human capital D. effort E. on the job training...

Human capital can be described as ?

A. the tools used by workers to enhance productivity B. a person inherited ability C. the stock of expertise accumulated by a worker D. education...

Different capital intensity in different industries is mainly explained by _______ and ________?

A. wage differentials, skill levels B. technology, the ease of factor substitution C. government grants, international competition D. patents, skill shortages...

If workers get a real wage increase this will likely ____ and _____?

A. encourage the use of more capital in the long run, reduce demand for all inputs B. encourage the use of more capital increase demand for all inputs C. encourage the use of less capital reduce demand for all inputs D. encourage the use of less capital, reduce demand for all inputs...

Competitive markets tend to ?

A. Increase labor market discrimination because some workers can charge more for their services than other workers in a competitive market B. have no impact on labour market discrimination C. reduce labour market discrimination because non-discrimination firms will employ cheaper labour earn more profits and drive discriminating firms out of the market D. increase labour … Competitive markets tend to ?Read More...