Maggie’s pizzeria hires delivery drivers from a perfectly competitive labor market.
a. draw correctly labeled side-by-side graphs of delivery driver supply and demand for maggie’s pizzeria and for the entire delivery driver market.
b. on your graphs, show how an increase in the supply of delivery drivers would affect the equilibrium wage and the number of drivers hired, both by maggie’s pizzeria and in the delivery driver market as a whole.

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups. b. we cannot infer anything from these data since the distribution of salaries is likely right skewed. c. you cannot draw any valid conclusions because the sample sizes are different. d. more students should complete internships because having an internship produces a higher salary.

When used-car dealers signal the quality of a used car with a warranty, a. buyers believe the signal because the cost of a false signal is high b. it is not rational to believe the signal because some used-car dealers are crooked c. the demand for lemons is eliminated d. the price of a lemon rises above the price of a good used car because warranty costs on lemons are greater than warranty costs on good used cars