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- Who tends to benefit from gentrification and who tends to suffer? Explain.Define the monospony market in economics. No plagiarism . ThankyouRecently in the City of Seoul, building contractors lobbied the city council to pass an ordinace requiring all people working on residential dwellings be licensed by the city. Why would the contractors lobby for this requirement? A. to create legal barrier to entry B. to reduce the cost of building dwellings C. to guarantee that work on dwellings is of high quality D. to avoid informal settlers
- Charter schools in Florida use a lottery to determine which students get in. This means that__________________________________. An auction in this case would mean that: There is often a shortage of seats at charter schools; the families who place the highest value on charter school education would be more likely to get a spot. Families who would like to pay for the right to get into charter schools do not have the opportunity to act on that desire; the price of a seat would rise from zero to some price above zero. Florida charter schools are not maximizing revenue from this system; Florida charter schools would earn greater revenue over time. An auction would create an efficient outcome in the market for charter school seats; An arguably “unfair” market outcome could take place. All of the above.1. Occupational licensing is an example of an entry barrier that improves a country's standard of living. Group of answer choices True False 2. Network externalities refer to the situation where the usefulness of a product increases with the number of consumers who use it. Group of answer choices True FalseSuppose there are two types of persons: high-ability and low-ability. A particular diploma costs a high-ability person $8,000 and costs a low-ability person $20,000. Firms wish to use education as a screening device where they intend to pay $25,000 to workers without a diploma and $ K to those with a diploma. In what range must K be to make this an effective screening device?
- The distinctive way of life allegedly developed in urban areas is referred to as __________.Does the old boy network operate in favor of men and can women get the job only if they accept towork for lower wages?It is fair to discriminate in the amount of benefits for life and health policies: between individuals of the same religion between individuals of different classes between individuals of the same race between individuals of the same national origin
