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If skilled machinists with advanced computer training and computer operated lathes are complements in production in high tech manufacturing but computer operated lathes are substitutes in production for machinists without computer training (unskilled), what will be the expected impact on employment of skilled and unskilled machinists of a technological invention that reduces the cost of computer operated lathes? (A lathe is a machine that makes metal parts in a manufacturing process.)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91423044

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