Automation and Wage Rates, When physical capital becomes cheaper, in that case: (w) some

Automation and Wage Rates

When physical capital becomes cheaper, in that case: (w) some workers may be displaced but worker productivity usually rises. (x) automation will make jobs for more workers. (y) workers will supply more labor services. (z) labor supply curves will move in backward bending regions.

Please choose the right answer from above...I want your suggestion for the same.

View Complete Question

Related Questions in Microeconomics

Q : Increase output to increase profit When

When the last unit produced and sold adds $100 to revenue of a firm and $75 to its costs, this will: (a) increase output to increase profit. (b) reduce output to increase profit. (c) maintain similar level of output to maximize profit. (d) shut down.

Q : Government analysts discount future

When the interest rate is 10 percent yearly and government analysts discount the future benefits by a public project at 5 percent per year, then there will be an overstatement of the: (w) present value of the future benefits. (x) present value of aver

Q : Calculation of market demand To compute

To compute the market demand for air-filled mattresses, add up the: (i) Amounts demanded at each and every price. (ii) Amounts supplied at each and every price. (iii) Demand prices at each and every quantity. (iv) Supply prices at each and every quant

Q : Demand curves of monopolistic

Monopolistic competitive firms face: (w) perfectly elastic demand curves. (x) perfectly inelastic demand curves. (y) downward sloping demand curves. (z) the industry demand curves. Hello guys I want your advice. Pl

Q : Transactions increment and moves in

Transactions increase and demand prices move below supply prices while a good turns into: (w) subsidized by the government. (x) subject to a high sales tax. (y) more technologically advanced. (z) a complementary by pr

Q : System of Note-issue Name the System of

Name the System of Note-issue in India. Answer: In India, the system of note-issue is the Minimum Reserve System. The RBI is needed to keep minimum reserves of Rs 2

Q : Maximize profits at fixed costs A

A monopoly along with huge fixed costs but no variable costs will maximize profits where is: (w) the price elasticity of demand is vast. (x) total costs are minimized. (y) MR = MC = 0. (z) price minus average cost is maximized

Q : Problem on Profit Maximization in Labor

Can someone help me in finding out the right answer from the given options. In the marginality, profit-maximizing model of firm, a firm which can’t wage discriminate maximizes profit if labor is hired at a point where: (1) Price = MFC. (2) MRP = VMP. (3) MRP = M

Q : Follow Lower Bond Price Lower bond

Lower bond prices follow through higher: (w) interest rates. (x) real estate speculation. (y) present value of future income by the bonds. (z) growth rates of national income. Please choose the right answer from ab

Q : Equilibrium moves market increase in

When equilibrium moves from point a to point b, the simple market experiencing a raise in supply is demonstrated within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Discover Q & A

Leading Solution Library

Avail More Than 1451123 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1955166
Asked

3,689

Active Tutors

1451123

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment