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wrote...
Posts: 166
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3 months ago

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
Source  Download
Microeconomics
Edition: 7th
Authors:
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1 Reply
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Answer verified by a subject expert
wrote...
Posts: 186
3 months ago
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Answer 1

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

Answer 2

true
1
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