Factor Markets
If the government increases subsidies for education and training, what is likely to happen to the supply of labor in a particular industry if all else remains constant?
What happens to the equilibrium price and quantity of loanable funds when there is an increase in public savings, assuming other factors are unchanged?
In response to a decrease in corporate taxes, a company is likely to do what with respect to its workforce?
If the wage rate increases, what might happen to the quantity of labor demanded by firms in a market with highly skilled labor that has few substitutes?
If the government decides to provide a public good because the market fails to do so efficiently, what could be an immediate effect on economic welfare?
What would be an expected outcome in a perfectly competitive market if there was a sudden increase in consumer preference for electric cars over gasoline cars?
If a firm experiences an increase in its capital stock, what happens to its demand for labor?
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What impact does technological advancement typically have on the marginal productivity of workers and hence on factor demand?
What would likely happen to the demand curve for construction workers if there is a technological advancement that allows buildings to be constructed with fewer workers?
What are the determinants of factor supply?