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

Author Question: Gross domestic product (GDP) will increase if illegal drugs are made legal. a. True b. False ... (Read 46 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 30, 2018
Gross domestic product (GDP) will increase if illegal drugs are made legal.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Explain why wage rates might rise at Joe's Quik-Print Shop if Joe replaces his aging copy machines with state-of-the-art copy machines.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nhea

  • Sr. Member
  • ****
  • Posts: 305
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

The improvement in technology will boost the productivity of Joe's employees. Their MRP will rise, and since Joe's labor demand curve is the MRP curve, he will be willing and able to hire more workers and pay higher wage rates.


londonang

  • Member
  • Posts: 540
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

fatboyy09

  • Member
  • Posts: 358
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Gross anatomy of the heart Gross anatomy of the heart
Antidysrhythmic Drugs Antidysrhythmic Drugs
The Increase in Divorce The Increase in Divorce
Dopaminergic Drugs Used for Parkinsonism Dopaminergic Drugs Used for Parkinsonism
Examples of Generic Drugs Contained in Brand-Name Products Examples of Generic Drugs Contained in Brand-Name Products
Drugs can be classified as prescription or over-the-counter (OTC) drugs Drugs can be classified as prescription or over-the-counter (OTC) drugs
Video: Hormonal regulation of pregnancy - week 1

For a complete list of videos, visit our video library