subject
Business, 23.07.2020 19:01 ashley968

Suppose that electronic equipment is introduced that increases the marginal product of skilled workers (who can use the equipment to produce more toys per hour worked). The marginal products of unskilled workers are unaffected. Explain, using words and graphs, what happens to the equilibrium wages for the two groups.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 19:10
Maldonia has a comparative advantage in the production of , while lamponia has a comparative advantage in the production of . suppose that maldonia and lamponia specialize in the production of the goods in which each has a comparative advantage. after specialization, the two countries can produce a total of million pounds of lemons and million pounds of coffee.
Answers: 3
question
Business, 22.06.2019 10:30
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
Answers: 2
question
Business, 22.06.2019 16:00
What is used by accountant to analyze transactions ?
Answers: 2
question
Business, 22.06.2019 22:10
jackie's snacks sells fudge, caramels, and popcorn. it sold 12,000 units last year. popcorn outsold fudge by a margin of 2 to 1. sales of caramels were the same as sales of popcorn. fixed costs for jackie's snacks are $14,000. additional information follows: product unit sales prices unit variable cost fudge $5.00 $4.00 caramels $8.00 $5.00 popcorn $6.00 $4.50 the breakeven sales volume in units for jackie's snacks is
Answers: 1
You know the right answer?
Suppose that electronic equipment is introduced that increases the marginal product of skilled worke...
Questions
question
Mathematics, 01.03.2021 14:00
question
Chemistry, 01.03.2021 14:00
question
Mathematics, 01.03.2021 14:00
Questions on the website: 13722360