How would you best describe a manufacturing employee who has been fired because he was replaced by a robot (new technology) and does not have the skills necessary to help operate the robot?

At the point where total utility is at its peak, marginal utility is:

a. zero. b. positive. c. negative. d. positive, but declining. e. positive, but increasing.

Economic analysis indicates minimum wage legislation has

a. made it possible for any teenager who wants to work to earn almost 80 percent as much as an adult. b. made it easier for teenagers to find jobs that offer the opportunity for training. c. been an important source of increases in income since most workers earn at or near the minimum wage. d. reduced the on-the-job training opportunities available to teenagers.