How much can I improve on SAT I?!?!





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Discus: SAT/ACT Tests and Test Preparation: May 2003 Archive: How much can I improve on SAT I?!?!
By Rsxman (Rsxman) on Thursday, May 29, 2003 - 11:31 pm: Edit

Company XYZ develops a new technology that increases its labor productivity. Currently this technology is not available to any other firm. For Company XYZ, explain how the increased productivity will affect each of the following. Note- Labor is perfectively competitive. Firm is in a perfectively competitive market.

Wage rates?

Number of workers hired?


What are the answers to those questions?

By Rsxman (Rsxman) on Thursday, May 29, 2003 - 11:32 pm: Edit

sorry ignore this post


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