Author Question: Changing how production is organized cannot result in changes in productivity. Indicate whether ... (Read 180 times)

Anajune7

  • Hero Member
  • *****
  • Posts: 574
Changing how production is organized cannot result in changes in productivity.
 
  Indicate whether the statement is true or false

Question 2

Non-neutral technological change is more valuable to labor than neutral technological change.
 
  Indicate whether the statement is true or false



macagn

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

False. Henry Ford's assembly line is an example of how changes in the organization of production increased productivity.

Answer to Question 2

True . Neutral technological change leaves the proportion in which inputs are used (for example, the labor/capital ratio) unchanged, but non-neutral technological changes are innovations that alter the labor/capital ratio. The labor/capital ratio used to produce a given level of output falls after non-neutral technological change. Therefore, non-neutral technological change is more valuable to labor than neutral technological change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

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.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library