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Author Question: If a firm introduces some technology that substitutes capital for labor, ________, assuming all else ... (Read 108 times)

imowrer

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on: Jun 30, 2018
If a firm introduces some technology that substitutes capital for labor, ________, assuming all else equal.
 
  A) there will be an upward movement along the labor demand curve of the firm
  B) there will be a downward movement along the labor demand curve of the firm
  C) there will be a rightward shift in the labor demand curve of the firm
  D) there will be a leftward shift in the labor demand curve of the firm

Question 2

A country has an aggregate production function of the form: Y = A x K1/3 x H2/3.
 
  Which of the following is likely to happen if the capital stock and the efficiency units of labor available to the country increases by 10 over a span of 5 years while the state of technology used in the country remains the same?
  A) Output will increase by 5. B) Output will double.
  C) Output will increase by 10. D) Output will increase by 1.
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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tofugiraffe

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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imowrer

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Reply 2 on: Jun 30, 2018
:D TYSM

yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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