Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: Satsume on Oct 25, 2017



Title: Firefighters are highly skilled workers who are typically employed by city governments. If a city ...
Post by: Satsume on Oct 25, 2017
Firefighters are highly skilled workers who are typically employed by city governments.  If a city reduces the wage rate paid to firefighters to be less than the equilibrium wage rate, what happens to the economic rents earned by the firefighters?
A) Increase
B) Decrease
C) Remain unchanged
D) Public employees like firefighters cannot earn economic rents


Title: Re: Firefighters are highly skilled workers who are typically employed by city governments. If a ...
Post by: LBCea on Oct 25, 2017
B