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

Author Question: One hundred years ago, in North America and Europe it was commonplace for middle class households to ... (Read 216 times)

tspaw0811

  • Full Member
  • ***
  • Posts: 165
on: Oct 12, 2022
One hundred years ago, in North America and Europe it was commonplace for middle class households to employ housemaids. As you know, this is quite rare today. Most such households now have dishwashers, washing machines and dryers. What is an explanation of this change?
◦ Households substituted away from a factor whose price was falling (labour) and toward a factor whose price was rising (capital).
◦ Over long periods of time, capital is always replaced by labour.
◦ Households substituted away from an increasingly expensive factor (labour) and toward an increasingly inexpensive factor (capital).
◦ The marginal product of labour was falling over time while the marginal product of capital was rising.
◦ Over long periods of time, labour is always replaced by capital.
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by tspaw0811 on Oct 12, 2022

Khareemom14

  • Full Member
  • ***
  • Posts: 163
Reply #1 on: Oct 12, 2022
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.
Answer Preview
Only 59% of students answer this correctly


tspaw0811

  • Member
  • Posts: 165
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« 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?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Treating the middle-aged adult Treating the middle-aged adult
Structures of external, middle, and inner ear Structures of external, middle, and inner ear
Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo Cranial capacity has increased approximately fourfold over the last 3.5 million years of hominin evo
Sources and Amounts of Oil Released into North American Marine Waters Sources and Amounts of Oil Released into North American Marine Waters
The proportion of obese and extremely obese adults in the United States has increased over the past The proportion of obese and extremely obese adults in the United States has increased over the past
Southwest Asia and North Africa Southwest Asia and North Africa
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library