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.
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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