This topic contains a solution. Click here to go to the answer

Author Question: Globalization has ________ the price of many goods, which has caused the value marginal product of ... (Read 21 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
Globalization has ________ the price of many goods, which has caused the value marginal product of unskilled labor to ________ and the demand for unskilled labor to ________.
 
  A) decreased; decrease; decrease
  B) decreased; decrease; increase
  C) decreased; increase; increase
  D) increased; increase; increase

Question 2

Samara's income is 30 a month and she spends all of it on music downloads and gasoline. The price of a music download is 1.50 and the price of a gallon of gasoline is 3.
 
  At Samara's best affordable point, her marginal rate of substitution is ________ per video tape. A) 0.5 of a download
  B) 1 download
  C) 1.5 downloads
  D) 2 downloads



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

A




jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Wow, this really help


jojobee318

  • Member
  • Posts: 298
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library