An Increase in the Demand for Workers Producing Computers for Export

question 33

Multiple Choice

An increase in the demand for workers producing computers for export versus producing agricultural products that can be imported more cheaply from abroad is an example of how increasing wage inequality can result from:

• A)the diminishing marginal product of labor.
• B)the diminishing marginal product of capital.
• C)increasing reservation prices.
• D)globalization.

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Definitions:

Psychopharmacological

Pertaining to the study of the effects of drugs on the mind and behavior, often in relation to the treatment of psychiatric disorders.

Alcohol Abuse

The excessive consumption of alcohol in a way that negatively affects one's health, relationships, or responsibilities.

Energy Imbalanced

A state where there is a mismatch between the energy expended and the energy consumed, impacting health and physical condition.

Anxiety Disorder

A mental health condition characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.