Select the correct response: As the demand for calculators decreases, the price of calculators actually rose. As the Firm hires additional works, each worker adds less to total output than the worker hired just before him. O A Firm lowers its health insurance costs as it increases in size because as the size of the group insured increases, the premium per person decreases substantially. As the computer industry expands, the demand for professionally trained computer programmers also increases, which causes the salaries of computer programmers to increase.

Select the correct response: As the demand for calculators decreases, the price of calculators actually rose. As the Firm hires additional works, each worker adds less to total output than the worker hired just before him. O A Firm lowers its health insurance costs as it increases in size because as the size of the group insured increases, the premium per person decreases substantially. As the computer industry expands, the demand for professionally trained computer programmers also increases, which causes the salaries of computer programmers to increase.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter19: Earnings And Discrimination

Section: Chapter Questions

Problem 8PA

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