Biology Forums - Study Force

Question 1.

If you were to ask your employer for a raise, which of the following would be your most effective argument?

• "I have a job offer at another firm that will pay me more than my current wage."

• "I am willing to work more hours each week."

• "Increases in my productivity have resulted in greater revenue and profits for your business."

• "My marginal product is greater than my current wage."

Question 2.

The supply curve of a uniquely talented actor or superstar athlete will be perfectly inelastic.

• true

• false

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