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

Author Question: The distribution of income in the United States became more unequal in the 1990s. One explanation ... (Read 66 times)

moongchi

  • Hero Member
  • *****
  • Posts: 516
on: Jun 29, 2018
The distribution of income in the United States became more unequal in the 1990s. One explanation for this trend is that advances in information technologies have ________ low-skilled labor and ________ high-skilled labor.
 
  A) decreased the demand for; increased the demand for
  B) increased the demand for; decreased the demand for
  C) decreased the supply of; increased the supply of
  D) increased the supply of; decreased the supply of

Question 2

In the above figure of a monopolistically competitive firm, the marginal cost of the last unit produced is equal to ________ and is ________ marginal revenue.
 
  A) P2; greater than
  B) P3; greater than
  C) P1; greater than
  D) P1; equal to


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


moongchi

  • Hero Member
  • *****
  • Posts: 516
Reply #2 on: Jun 29, 2018
Thank you :)


laurnthompson

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Distribution of bonding and outer nonbonding electrons in the peptide group Distribution of bonding and outer nonbonding electrons in the peptide group
Distribution of Aggregate Mining Distribution of Aggregate Mining
Diversity in the United States Diversity in the United States
Distribution and Forms of Precipitation: Freezing Rain Distribution and Forms of Precipitation: Freezing Rain
A Frequency Distribution A Frequency Distribution
Food Assistance Programs in the United States Food Assistance Programs in the United States
Video: Conduction of action potentials

For a complete list of videos, visit our video library