Which of the following are examples of a firm experiencing positive technological change? a. A fall in
Question:
Which of the following are examples of a firm experiencing positive technological change?
a. A fall in the wages JetBlue pays its mechanics leads it to lower its ticket prices.
b. A training program makes a firm’s workers more productive.
c. An exercise program makes a firm’s workers healthier and reduces the number of days the typical worker is absent.
d. A firm cuts its workforce and is able to maintain its initial level of output.
e. A firm rearranges the layout of its factory and finds that by using its initial set of inputs, it can produce exactly as much as before.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essentials Of Economics
ISBN: 9780134797731
6th Edition
Authors: R. Glenn Hubbard, Anthony Patrick O brien
Question Posted: