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Author Question: If a technological change lowers the wage of unskilled workers, it is an example of: A) a ... (Read 148 times)

ereecah

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on: Jun 29, 2018
If a technological change lowers the wage of unskilled workers, it is an example of:
 
  A) a skill-biased technological change.
  B) an unskilled-biased technological change.
  C) a preferential-biased technological change.
  D) a statistical-biased technological changes.

Question 2

The above table gives the demand and supply schedules for Blu-ray discs. If the price of a Blu-ray disc is 8, there is a ________ and the price of a compact disc will ________.
 
  A) shortage; rise
  B) shortage; fall
  C) surplus; rise
  D) surplus; fall


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Ksh22

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


ereecah

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

nathang24

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Reply 3 on: Yesterday
:D TYSM

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