Author Question: Changing how production is organized cannot result in changes in productivity. Indicate whether ... (Read 174 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
Changing how production is organized cannot result in changes in productivity.
 
  Indicate whether the statement is true or false

Question 2

Non-neutral technological change is more valuable to labor than neutral technological change.
 
  Indicate whether the statement is true or false



macagn

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

False. Henry Ford's assembly line is an example of how changes in the organization of production increased productivity.

Answer to Question 2

True . Neutral technological change leaves the proportion in which inputs are used (for example, the labor/capital ratio) unchanged, but non-neutral technological changes are innovations that alter the labor/capital ratio. The labor/capital ratio used to produce a given level of output falls after non-neutral technological change. Therefore, non-neutral technological change is more valuable to labor than neutral technological change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

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

For a complete list of videos, visit our video library