1 holding other factors constant if 3d-printing technology, Ask an Expert

Economics

1. Holding other factors constant, if 3D-printing technology allows factory workers to manufacture more products per hour, then the real wages of factory workers will ______ and employment of factory workers will _____.

A) increase; increase

B) increase; decrease

C) decrease; not change

D) decrease; increase

2. An increase in the demand for chicken is predicted to ______ the real wage and ______ employment of unskilled workers in a poultry processing plant.

A)increase; increase

B) increase; decrease

C)increase; not change

D)decrease; decrease

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92197049

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