exam 4 set 2

The demand curve is​ downward-sloping because marginal productivity ____ as more workers are​ employed, while the supply curve is​ upward-sloping since an increase in the wage increases the opportunity cost of

Technologies that complement existing labor inputs are known as ___ technologies

With this type of technological​ change, the marginal productivity of existing labor inputs will

The consequence for workers will be a wage rate that is ___ and hours of employment are___

______ occurs when​ people's preferences cause them to discriminate against a certain group.

occurs when expectations cause people to discriminate against a certain group.

The owner of a company that manufactures automobile parts states that it will not hire gay or lesbian employees.This is an example of

Which of the following is not an important determinant of wage inequality within an​ economy?

Compensating wages are the wage premiums​ ___________.

A firm will employ physical capital until​ ____________.

When comparing the graph of your ATC curve for a natural monopoly with that of a firm in perfect​ competition, we see that​ ____________.