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Author Question: Consider the budget line labeled RT in the above figure. What would shift the budget line to RS? ... (Read 47 times)

CQXA

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Consider the budget line labeled RT in the above figure. What would shift the budget line to RS?
 
  A) a rise in the price of good X
  B) a fall in the price of good X
  C) a rise in the price of good Y
  D) a fall in the price of good Y

Question 2

Which of the following is a recent trend in the labor market?
 
  A) Low-skilled workers have lost jobs.
  B) The demand for high-skilled labor has increased as technology has increased.
  C) The wages of high-skilled labor have decreased.
  D) The marginal productivity of low-skilled workers has increased.



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tashiedavis420

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Answer to Question 1

B

Answer to Question 2

B




CQXA

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Reply 2 on: Jun 29, 2018
Gracias!


tandmlomax84

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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