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Assume the Demand for High Tech Goods Is Perfectly Inelastic

question 14

Multiple Choice

Assume the demand for high tech goods is perfectly inelastic.If workers producing high tech goods become more productive,then these workers employment will ________ and their wages will ________.


Definitions:

Explanation Property

A feature or attribute in software that provides detailed information or clarification about an element or its function.

Validation Rule

A Validation Rule is a criterion or set of criteria that data must meet before being accepted into a database field, ensuring data integrity and accuracy.

Recordset Type

Recordset Type refers to the kind of object in databases that store records from a table query, enabling manipulation and navigation through the data.

Default View

The initial or preset method of displaying data or information in an application or on a website, which can usually be customized by the user.

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