XECO 212 Week 3 DQ 1 And DQ 2 Flashcards

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XECO 212 Week 3 DQ 1 And DQ 2

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DQ 1

Post your response to the following: Why do some workers make more money than others? Should everyone make the same wage? Explain your answers using labor market equilibrium.

DQ 2

Post your response to the following: Imagine that you are a business owner. Choose whether to hire a new person in the marketing department or upgrade your computer system. Each choice requires the same amount of investment. Address the following topics: What factors would you use to determine whether to invest in the additional capital or labor?

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