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

Author Question: Which of the following best describes the impact of technological change on labor? a. Technology ... (Read 106 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
on: Jun 30, 2018
Which of the following best describes the impact of technological change on labor?
 a. Technology causes unemployment in the short run and lower incomes in the long run.
 b. Technology causes unemployment in the short run and higher incomes in the long run.
 c. Technology causes unemployment in the long run and higher incomes in the short run.
 d. Technology causes unemployment in the long run and lower incomes in the short run.
 e. Technology causes unemployment and lower incomes in both the long run and the short run.

Question 2

Government regulators can achieve efficiency for a natural monopoly by setting a price ceiling equal to the intersection of the demand curve and the:
 a. marginal revenue curve.
  b. average cost curve.
  c. marginal cost curve.
  d. average fixed cost curve.


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

b

Answer to Question 2

c


Anajune7

  • Member
  • Posts: 574
Reply 2 on: Jun 30, 2018
Excellent

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Comet Tempel 1 67 seconds after colliding with the Deep Impact probe. Comet Tempel 1 67 seconds after colliding with the Deep Impact probe.
Family interactions change in response to the developing child, and parenting characteristics, such ... Family interactions change in response to the developing child, and parenting characteristics, such ...
Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change
Impact of zebra mussels on members of a Great Lake nearshore Impact of zebra mussels on members of a Great Lake nearshore
Normal change in sea level Normal change in sea level
Digital Planet Tomorrow's Technology and You, Complete, 10E Digital Planet Tomorrow's Technology and You, Complete, 10E
Video: Cataract

For a complete list of videos, visit our video library