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

Author Question: Since 1967, there has not been much change in the income of the bottom 10 of earners in the U.S. ... (Read 59 times)

chads108

  • Hero Member
  • *****
  • Posts: 507
on: Jun 29, 2018
Since 1967, there has not been much change in the income of the bottom 10 of earners in the U.S. economy. This can be attributed to:
 
  A) the adoption of labor-saving technology.
  B) the cultural and social changes in the economy.
  C) the adoption of labor-complementary technology.
  D) the adoption of skill-biased technology by most firms.

Question 2

Refer to the scenario above. Which among the following is a possible outcome if the number of bidders decreases to 45?
 
  A) There will be no change in the outcome of the auction.
  B) The optimal bid for Molly will now be 831.11.
  C) The optimal bid for Molly will now be 745.
  D) The optimal bid for Molly will now be 845.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


chads108

  • Member
  • Posts: 507
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Bonding Partners and Energy May Change in a Chemical Reaction Bonding Partners and Energy May Change in a Chemical Reaction
Barriers to change Barriers to change
How to solve any percent change problem How to solve any percent change problem
Global climate change and CO2 concentration Global climate change and CO2 concentration
Climate Change: Volcanoes Climate Change: Volcanoes
Let f(x)=log10(bottom exponent)x. For each function g(x) i), iii), v Let f(x)=log10(bottom exponent)x. For each function g(x) i), iii), v
Video: DNA Sequences - Dideoxy Sequencing

For a complete list of videos, visit our video library