Butterfly technologies produces touch-enabled wearable devices. its research and development team recently became aware of a new, open-source technology produced by a firm overseas that would improve the processing speed and battery life of all butterfly devices. in this scenario, butterfly would be best served to embracea. open innovation. b. closed innovation. c. disruptive innovation. d. radical innovation.

Consider the labor market for heath care workers. because of the aging population in the united states, the output price for health care services has increased. holding all else equal, what effect does this have on the labor market for health care employees? a. the equilibrium wage increases and the equilibrium quantity of labor increases.b. the equilibrium wage increases and the equilibrium quantity of labor decreases.c. the equilibrium wage decreases and the equilibrium quantity of labor increases.d. the equilibrium wage decreases and the equilibrium quantity of labor decreases.