How innovation affect us production possibilities frontier

Assignment Help Microeconomics
Reference no: EM131004003

(Wall Street Journal) Technological change is an important driver of economic growth. Refer to the "Technology" column in the Marketplace section of a recent Wall Street Journal. Find a story about a technological innovation that seems interesting to you. How will this innovation affect the U.S. production possibilities frontier? Does it seem likely to affect employment as well? If so, which types of workers will be harmed, and which types will benefit?

Reference no: EM131004003

Questions Cloud

Accounting principles applicable in this situation : That's what it's worth. Or, at a minimum, at $106,000." Respond to this statement with specific reference to accounting principles applicable in this situation.
Gain or loss on realization to the partners : The Freema Company at December 31 has cash $20,000, noncash assets $100,000, liabilities $55,000, and the following capital balances: Dalek $45,000 and Briggs $20,000. The firm is liquidated, and $110,000 in cash is received for the noncash assets..
Derive the corresponding odes : Prove that in polar coordinates, Laplace equation is (∂2u / ∂r2) + (∂u / r ∂r) + (∂2u / r2∂θ2) = 0, Let u(r, θ) = R(r) - Θ(θ) and derive the corresponding ODEs for R(r) and Θ(θ). Assume the boundary conditions on u.
Illustrate how these choices will affect economic growth : Two economies, the United States and country G, cur- rently have identical production possibilities frontiers, CI, but have chosen differing combinations of capital and consumer goods as indicated. Illustrate how these choices will affect economic..
How innovation affect us production possibilities frontier : Technological change is an important driver of economic growth. Refer to the "Technology" column in the Marketplace section of a recent Wall Street Journal. Find a story about a technological innovation that seems interesting to you. How will this..
What are the functions of the components of mental status : What are the functions of the components of mental status and an interview in determining the competence of clients? Explain with examples and rationales
Find the multipole moments of the system : Find the multipole moments of the system and make a multipole expansion and Find the potential along the axis of the circles
Has productivity actually declined anywhere : (Labor Productivity) Go to the Bureau of Labor Statistics (BLS) page on Quarterly Labor Productivity at http://www. bls.gov/lpc/ and get the latest news release on productivity and costs. Rank the various sectors of the U.S. economy from highest t..
Improve the behavior and attitudes of organizational members : Describe methods used to assess the behaviors and attitudes of organizational members, and apply 1 model in an analysis of your organization.

Reviews

Write a Review

Microeconomics Questions & Answers

  Determining how much suspending a bad-behaving student

Suppose you were employed as a consultant by a school district and charged with determining how much suspending a bad-behaving student reduces or increases his or her academic performance.(Throughout these questions when I say "suspension" I mean "ou..

  Imposed in terms of the exporting and importing countries

What happens when tariffs are imposed in terms of the exporting and importing countries? Use graphs as needed and describe your answer thoroughly.

  Economists believe that when two countries specialize and

economists believe that when two countries specialize and trade each will be able to buy goods in which the other

  Could life exist in a molecular cloud

Could life exist in a molecular cloud? How can astronomers peer into molecular clouds to see what is going on inside when visible light will not penetrate these regions of space? Explain.

  How a statewide sample survey is to be made

a statewide sample survey is to be made. first, the state is subdivided into countries. Seven countries are selected at random and further sampling is concentrated on these seven countries. what type of smapling is this

  Explain how an increase in the real interest rate

Explain how an increase in the real interest rate

  Find the subgame perfect nash equilibrium using induction

There are 6 tokens on the table. Two players alternate removing some of the tokens. In each move any player can either remove exactly one or exactly two tokens. Whoever removes the last token is the winner

  Compute total consumer and producer surplus in market

the demand and supply functions for the world truffle market are given byqd 48 000 - 40pqs -3000 10pwhere p is the

  What phase of the business cycle

GDP is down .5% for the previous qtr, after having been in a decline for the previous twelve months. CPI has been steady for the past twelve months. Unemployment has risen .8% during the previous quarter, after having risen steadily for the past t..

  Indicate whether the production function exhibits decrease

2. a) For the following firm production function, indicate whether the production  function exhibits decreasing, constant, or increasing returns to scale. yi is the firm i's output, ki is the firm's capital input, and li is the firm's labor input.

  What alternatives do have for buying gasoline could change

how have you responded to increases in the price of gasoline over the past few years? how would you respond if the

  The secret to producing more consumption goods

The secret to producing more consumption goods in the future is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd