Two employers pay a wage of $10 an hour. employer a is a monopsony while employer b hires in a competitive labor market. both firms sell their output in competitive markets. which of the following will be true? the marginal worker in both firms will add the same to the firm's revenue. it will cost employer a more to hire another worker. employer a has a higher average wage cost per worker than employer b. if a worker left employer a and joined employer b, the economy would be better off.

In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.