This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Gross domestic product (GDP) will increase if illegal drugs are made legal. a. True b. False ... (Read 99 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Gross domestic product (GDP) will increase if illegal drugs are made legal.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Explain why wage rates might rise at Joe's Quik-Print Shop if Joe replaces his aging copy machines with state-of-the-art copy machines.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

The improvement in technology will boost the productivity of Joe's employees. Their MRP will rise, and since Joe's labor demand curve is the MRP curve, he will be willing and able to hire more workers and pay higher wage rates.


londonang

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

The fibers in silk cloth and in a spider web are made up of the protein fibroin The fibers in silk cloth and in a spider web are made up of the protein fibroin
Injectable Drugs Commonly Stocked in the Medical Office Injectable Drugs Commonly Stocked in the Medical Office
Classification of Anti-Infective Drugs Classification of Anti-Infective Drugs
Drugs for Acne Drugs for Acne
Selected Targeted Therapies and Miscellaneous Anticancer Drugs Selected Targeted Therapies and Miscellaneous Anticancer Drugs
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library