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Some Types of Technological Change (E

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Essay

Some types of technological change (e.g.,mass production of personal computers or miniaturization of components)reduce the cost of capital.Use the concept of cross-wage elasticity to discuss how such technological change could be good for some types of workers and bad for other types of workers.


Definitions:

Civil Trial

A legal process through which private disputes that involve claims of civil wrongs are resolved in court, without involvement of criminal sanctions.

Subpoenas

Legal documents that order an individual or organization to appear in court or produce evidence or information in a legal case.

Electronic Media

Media that utilize electronics or electromechanical energy for the end-user to access the content, such as radio, television, and the internet.

Real-Time Court Reporting

The practice of providing immediate transcription of court proceedings, depositions, and other legal proceedings as they occur.

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