The Introduction of Word Processing Software That Increases the Demand

question 121

Multiple Choice

The introduction of word processing software that increases the demand for workers with computer skills relative to those without such skills is an example of:

• A)increasing reservation prices.
• B)skill-biased technological change.
• C)the diminishing marginal product of labor.
• D)globalization.

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Definitions:

Inner City

An urban area near the center of a city, often characterized by high density, deteriorating infrastructure, and social and economic challenges.

Prefer

To like, choose, or desire one thing over another, based on individual taste or judgment.

Existing Groups

Pre-established groups that have formed naturally or have been organized for a specific purpose prior to a study or intervention.

Cross-Generational Studies

Research investigations that compare different age groups over time to understand changes and continuities in behaviors, attitudes, or conditions across generations.