Advances in statistical software is an example of: A) ...

[asd123]

Advances in statistical software is an example of:
 
  A) skill-biased technological changes.
  B) labor-saving technological changes.
  C) unskilled-biased technological changes.
  D) labor-complementary technological changes.

Question 2

How is the market demand curve for a public good derived?
 
  What will be an ideal response?

[cdmart10]

Answer to Question 1

A

Answer to Question 2

The market demand for public goods is arrived at by the vertical sum of the demand curves of consumers. Adding the individual demand curves vertically gives us a measure of the amount of money consumers are willing to pay for each level of the public good.

[asd123]

Excellent

[Mochi]

Thanks for the timely response, appreciate it