I am confused. Im not sure which diagrams to draw. Does this affect both the Lab

Question

I am confused. Im not sure which diagrams to draw. Does this affect both the Labor of Demand and the Labor ofSupply? Imagine a firm that hires two types of workers – somewith computer skills and some without. If technology advances sothat computers become more useful to the firm, what happens
to the marginal product of the two types?
I am confused. Im not sure which diagrams to draw. Does this affect both the Labor of Demand and the Labor ofSupply? Imagine a firm that hires two types of workers – somewith computer skills and some without. If technology advances sothat computers become more useful to the firm, what happens
to the marginal product of the two types?

Explanation / Answer

The marginal product for the workers without tech skills woulddecrease and the marginal product of the workers with tech skillsincrease. I can't really advise you on how to draw the diagrams without thespecifics from the question.

Related Questions

Navigate

• Browse (All)
• Browse I
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.