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

Author Question: The distribution of income in the United States became more unequal in the 1990s. One explanation ... (Read 130 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
The distribution of income in the United States became more unequal in the 1990s. One explanation for this trend is that advances in information technologies have ________ low-skilled labor and ________ high-skilled labor.
 
  A) decreased the demand for; increased the demand for
  B) increased the demand for; decreased the demand for
  C) decreased the supply of; increased the supply of
  D) increased the supply of; decreased the supply of

Question 2

In the above figure of a monopolistically competitive firm, the marginal cost of the last unit produced is equal to ________ and is ________ marginal revenue.
 
  A) P2; greater than
  B) P3; greater than
  C) P1; greater than
  D) P1; equal to



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

A

Answer to Question 2

D





 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

For a complete list of videos, visit our video library