An improvement in technology that increases the marginal product will shift the demand for labor curve to the right

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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Marginal benefit refers to the additional benefit that your activity provides to you

Indicate whether the statement is true or false

Economics

Which of the following is an effect of tariffs on domestic employment?

a. Tariffs raise employment in the economy overall. b. Tariffs reduce unemployment in the affected industry. c. Tariffs raise unemployment in the affected industry. d. Tariffs have no impact on domestic employment.

Economics

Why do economists pay particular attention to inverted yield curves?

What will be an ideal response?

Economics

Refer to the information provided in Figure 7.4 below to answer the question(s) that follow.  Figure 7.4Refer to Figure 7.4. The marginal product of the fourth worker is

A. 8. B. 12.5. C. 48. D. 92.

Economics