This topic contains a solution. Click here to go to the answer

Author Question: Globalization has ________ the price of many goods, which has caused the value marginal product of ... (Read 77 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
Globalization has ________ the price of many goods, which has caused the value marginal product of unskilled labor to ________ and the demand for unskilled labor to ________.
 
  A) decreased; decrease; decrease
  B) decreased; decrease; increase
  C) decreased; increase; increase
  D) increased; increase; increase

Question 2

Samara's income is 30 a month and she spends all of it on music downloads and gasoline. The price of a music download is 1.50 and the price of a gallon of gasoline is 3.
 
  At Samara's best affordable point, her marginal rate of substitution is ________ per video tape. A) 0.5 of a download
  B) 1 download
  C) 1.5 downloads
  D) 2 downloads



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

A




jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Wow, this really help


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

For a complete list of videos, visit our video library