If a publishing company purchases faster computers to speed up word processing,
a. the marginal product of its editors will increase, which will shift the demand for editors to the right
b. the marginal product of its editors will increase, which will shift the demand for editors to the left
c. the wages of its editors will increase, which will shift the demand for editors to the right
d. the wages of its editors will decrease, which will shift the demand for editors to the right
e. the supply of editors will decrease
A
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What will be an ideal response?
In a labor market dominated by a union, the supply of labor to a firm is depicted as a horizontal line
a. True b. False
If a decrease in price of good X causes the demand curve for good Y to increase, then these two goods are:
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Which of the following is true of offshore banking?
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