« previous next »

Author Question: Which of the following is likely to cause a fall in the wage rate and an increase in the number of ... (Read 103 times)

natalie2426

  • Hero Member
  • *****
  • Posts: 524
on: Jun 29, 2018
Which of the following is likely to cause a fall in the wage rate and an increase in the number of workers hired in a local cotton mill?
 
  A) A reduction in wage paid in a nearby jute mill
  B) The introduction of labor-saving technology in the mill
  C) The introduction of labor-complementary technology in the mill
  D) A decrease in the population of the region in which the cotton mill is located

Question 2

Which of the following is an example of a monopolistically competitive market?
 
  A) The market for wheat
  B) The market for coffee beans
  C) The market for shampoo
  D) The market for premium cars


at

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was The ozone hole in September, 2003. Even as scientists verified that the rate of ozone depletion was
Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19 Model of a longitudinal study in which 983 students were surveyed in 1984 and then again in 1985, 19
Fertility, Mortality, and the Net Rate of Reproduction in Sweden Fertility, Mortality, and the Net Rate of Reproduction in Sweden
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
Explain the myogenic autoregulation of the glomerular filtration rate Explain the myogenic autoregulation of the glomerular filtration rate
Video: Integumentary Anatomy

For a complete list of videos, visit our video library