Which of these is not a good example of skill-biased technical change?
A) GPS navigation equipment in delivery trucks
B) web-enabled virtual classrooms
C) self-service check out scanners
D) use of robots in automobile assembly
B
Economics
You might also like to view...
Suppose the government raises the minimum wage in the economy. All else constant, how will this affect the quantity of labor demanded and the quantity of labor supplied?
What will be an ideal response?
Economics
The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have
a. higher production costs and higher profits. b. higher production costs and lower profits. c. lower production costs and higher profits. d. lower production costs and lower profits.
Economics