Why does increased worker productivity increase demand for labor?
Q. I understand that when worker productivity increases, the demand for labor increases, but it doesn't make any sense to me. Why is this so?
Asked by Braden - Wed Nov 4 15:45:22 2009 - - 1 Answers - 0 Comments
A. I have done a quick google search to try and back up your claim. All I can find is what I have learned in economics. Increased worker productivity increases salary and decreases demand for labor. This is the reason companies will pay extra money to train employees, You prove to them by paying for the training they will save money by reducing staff and/or getting more productivity from the current staff without increasing staff. I could argue in the long run that the higher salaries and that training leads to more jobs, because new trainers will be needed and they will be able to spend increasing demand and the employees will be paid more and have more money to spend increasing demand which would cause companies to hire more staff to… [cont.]
Answered by Bobhikes - Wed Nov 4 16:30:07 2009
Q. I understand that when worker productivity increases, the demand for labor increases, but it doesn't make any sense to me. Why is this so?
Asked by Braden - Wed Nov 4 15:45:22 2009 - - 1 Answers - 0 Comments
A. I have done a quick google search to try and back up your claim. All I can find is what I have learned in economics. Increased worker productivity increases salary and decreases demand for labor. This is the reason companies will pay extra money to train employees, You prove to them by paying for the training they will save money by reducing staff and/or getting more productivity from the current staff without increasing staff. I could argue in the long run that the higher salaries and that training leads to more jobs, because new trainers will be needed and they will be able to spend increasing demand and the employees will be paid more and have more money to spend increasing demand which would cause companies to hire more staff to… [cont.]
Answered by Bobhikes - Wed Nov 4 16:30:07 2009
Economic question about increase in demand in housing?
Q. In a period of increasing demand for housing, would you expect housing prices to rise more in Miami suburbs, which had room for expansion and fairly loose laws about subdivisions, or in a city like San Fransisco, which had limited land and tight subdivision restrictions? I thought about it, and I think they would rise more in San Fransisco. What do you guys think and why?
Asked by Amer - Mon Feb 8 20:38:03 2010 - - 1 Answers - 0 Comments
A. You answered your own question and gave the most or strongest reason for the price rise differential.
Answered by ronald.glass@sbcglobal.net - Mon Feb 8 21:34:47 2010
Q. In a period of increasing demand for housing, would you expect housing prices to rise more in Miami suburbs, which had room for expansion and fairly loose laws about subdivisions, or in a city like San Fransisco, which had limited land and tight subdivision restrictions? I thought about it, and I think they would rise more in San Fransisco. What do you guys think and why?
Asked by Amer - Mon Feb 8 20:38:03 2010 - - 1 Answers - 0 Comments
A. You answered your own question and gave the most or strongest reason for the price rise differential.
Answered by ronald.glass@sbcglobal.net - Mon Feb 8 21:34:47 2010
what happen to the equilibrium price if demand increase more then supply?
Q. suppose a market is in equilibrium and both the demand and the supply curves increase. what happen to the equilibrium price if demand increase more then supply ? this is for microeconomic need help.
Asked by dayna - Wed Mar 10 18:56:54 2010 - - 3 Answers - 0 Comments
A. If demand increases faster than supply, the price goes up.
Answered by Catherine B - Wed Mar 10 18:57:57 2010
Q. suppose a market is in equilibrium and both the demand and the supply curves increase. what happen to the equilibrium price if demand increase more then supply ? this is for microeconomic need help.
Asked by dayna - Wed Mar 10 18:56:54 2010 - - 3 Answers - 0 Comments
A. If demand increases faster than supply, the price goes up.
Answered by Catherine B - Wed Mar 10 18:57:57 2010
Economists make the distinction between an increase in quantity demanded an increase in demand?
Q. A) because the supply curve shifts whenever there is an increase in quantity demanded. B) To distinguish between those situations in which consumers purchase more of the good as price falls and those in situations in which consumers purchase more of the good at all possible prices. C) because the demand curve shifts when there is an increase in quantity demanded. D) economists are only useful if no one else understands our jargon. E) because the demand curve stays the same whenever there is an increase in demand.
Asked by Clayton M - Sun Mar 9 18:28:00 2008 - - 1 Answers - 0 Comments
A. B. Is this homework?
Answered by kul_inc - Sun Mar 9 18:42:03 2008
Q. A) because the supply curve shifts whenever there is an increase in quantity demanded. B) To distinguish between those situations in which consumers purchase more of the good as price falls and those in situations in which consumers purchase more of the good at all possible prices. C) because the demand curve shifts when there is an increase in quantity demanded. D) economists are only useful if no one else understands our jargon. E) because the demand curve stays the same whenever there is an increase in demand.
Asked by Clayton M - Sun Mar 9 18:28:00 2008 - - 1 Answers - 0 Comments
A. B. Is this homework?
Answered by kul_inc - Sun Mar 9 18:42:03 2008
What are some of causes of this increase in demand for compact disks?
Q. Over the past decade, the demand for CDs has dramatically increased. According to supply and demand theory, price should rise when demand increases. However, in recent years the average price of a CD has actually fallen. Can you explain this apparent contradiction between the theory and fact.
Asked by Spacetime - Sat Oct 28 22:14:00 2006 - - 3 Answers - 0 Comments
A. The cause of increase demand is that Cd's are easy to handle and very cheap.We can take a lot of information in the Cd's.Programs Cd's,games Cd's,learning Cd's,movie and song Cd's they has influenced in our technical life a lot and proved as the best instrument.Some exceptions are applied in each and every theory.Our a past few decades technical revolution led to a very heavy competition.Not just Cd's the price of all electronics and automobiles have been decreased such as TV,Mobile,Bikes.If companies want to be in the market they follow some policies like cheap rates,better qualities and good advertisements.
Answered by Mayank Sharma - Sat Oct 28 22:59:51 2006
Q. Over the past decade, the demand for CDs has dramatically increased. According to supply and demand theory, price should rise when demand increases. However, in recent years the average price of a CD has actually fallen. Can you explain this apparent contradiction between the theory and fact.
Asked by Spacetime - Sat Oct 28 22:14:00 2006 - - 3 Answers - 0 Comments
A. The cause of increase demand is that Cd's are easy to handle and very cheap.We can take a lot of information in the Cd's.Programs Cd's,games Cd's,learning Cd's,movie and song Cd's they has influenced in our technical life a lot and proved as the best instrument.Some exceptions are applied in each and every theory.Our a past few decades technical revolution led to a very heavy competition.Not just Cd's the price of all electronics and automobiles have been decreased such as TV,Mobile,Bikes.If companies want to be in the market they follow some policies like cheap rates,better qualities and good advertisements.
Answered by Mayank Sharma - Sat Oct 28 22:59:51 2006
Macroeconomics help? By how much would it have to increase aggregate demand in order to achieve this goal?
Q. Suppose that the MPC is 0.85 and that $14 trillion of real GDP is currently being produced. The government wants to increase real GDP to $15 trilion. By how much would it have to increase Aggregate Demand in order to achieve this goal? I have no ideo how to start this problem please help.
Asked by Ro - Sun Nov 29 21:20:42 2009 - - 1 Answers - 0 Comments
A. Multiplier=1/.15=6.7. The goal is 15-14=$1trillion. The government has to increase spending = 1/6.7=$0.15billion.
Answered by Michelle B - Sun Nov 29 21:36:13 2009
Q. Suppose that the MPC is 0.85 and that $14 trillion of real GDP is currently being produced. The government wants to increase real GDP to $15 trilion. By how much would it have to increase Aggregate Demand in order to achieve this goal? I have no ideo how to start this problem please help.
Asked by Ro - Sun Nov 29 21:20:42 2009 - - 1 Answers - 0 Comments
A. Multiplier=1/.15=6.7. The goal is 15-14=$1trillion. The government has to increase spending = 1/6.7=$0.15billion.
Answered by Michelle B - Sun Nov 29 21:36:13 2009
Which of the following would mostly likely increase the demand for gasoline?
Q. Which of the following would mostly likely increase the demand for gasoline? a.the expectation by consumers that gasoline prices will be higher in the future. b.the expectation by consumers that gasoline prices will be lower in the future. c.a widespread shift in car ownership from SUVs to hybrid sedans. d.a decrease in the price of public transportation.
Asked by nelllybo1 - Wed Sep 30 15:23:29 2009 - - 1 Answers - 0 Comments
A. a. im surprised you know how to type
Answered by Colin - Wed Sep 30 15:30:49 2009
Q. Which of the following would mostly likely increase the demand for gasoline? a.the expectation by consumers that gasoline prices will be higher in the future. b.the expectation by consumers that gasoline prices will be lower in the future. c.a widespread shift in car ownership from SUVs to hybrid sedans. d.a decrease in the price of public transportation.
Asked by nelllybo1 - Wed Sep 30 15:23:29 2009 - - 1 Answers - 0 Comments
A. a. im surprised you know how to type
Answered by Colin - Wed Sep 30 15:30:49 2009
Is it true that when market demand increases , all existing and shut-down firms in the ind increase their outp?
Q. Is it true that when market demand increases , all existing and shut-down firms in the industry increase their output
Asked by Patty - Wed Jul 21 13:12:14 2010 - - 1 Answers - 0 Comments
Q. Is it true that when market demand increases , all existing and shut-down firms in the industry increase their output
Asked by Patty - Wed Jul 21 13:12:14 2010 - - 1 Answers - 0 Comments
An increase in the expected price of corn would affect the current supply and demand for corn in which way?
Q. Answers to choose from: *Increase both the demand and supply of corn. *Decrease both the demand and supply of corn. *Increase the demand, but decrease the supply of corn. *Increase the supply, but decrease the demand for corn.
Asked by lovable_creature - Sat Nov 17 21:54:09 2007 - - 3 Answers - 0 Comments
A. THe previous answers missed the key word in your question-EXPECTED. This means that agents anticipate a change that has not yet occured. Suppliers of corn will reduce the current supply and increase the future supply to take advantage of higher future prices. Consumers of corn will increase current demand and decrease future demand to take advantage of current lower prices. So, increase the demand, but decrease the supply of corn for the current period. and Increase the supply, but decrease the demand for corn in the future period.
Answered by Homer J. Simpson - Sat Nov 17 23:49:17 2007
Q. Answers to choose from: *Increase both the demand and supply of corn. *Decrease both the demand and supply of corn. *Increase the demand, but decrease the supply of corn. *Increase the supply, but decrease the demand for corn.
Asked by lovable_creature - Sat Nov 17 21:54:09 2007 - - 3 Answers - 0 Comments
A. THe previous answers missed the key word in your question-EXPECTED. This means that agents anticipate a change that has not yet occured. Suppliers of corn will reduce the current supply and increase the future supply to take advantage of higher future prices. Consumers of corn will increase current demand and decrease future demand to take advantage of current lower prices. So, increase the demand, but decrease the supply of corn for the current period. and Increase the supply, but decrease the demand for corn in the future period.
Answered by Homer J. Simpson - Sat Nov 17 23:49:17 2007
Why does a small change in price lead to a large increase in Demand,when the Demand curve is perfectly elastic?
Q. A small change in price would lead to an infinitely large increase in Demand, if the demand curve is perfectly elastic. Why is this? And how do you show this on the graph
Asked by ajs2602 - Fri Apr 9 07:47:24 2010 - - 2 Answers - 0 Comments
Q. A small change in price would lead to an infinitely large increase in Demand, if the demand curve is perfectly elastic. Why is this? And how do you show this on the graph
Asked by ajs2602 - Fri Apr 9 07:47:24 2010 - - 2 Answers - 0 Comments
What factors will increase the demand for a product?
Q. Which of the following factors will increase the demand for a product? a. an unfavourable report on the value of the product b. an increase in the price of a substitute product c. an increase in the price of a complementary product d. a decrease in the number of buyers
Asked by Annsley86 - Sun Aug 30 14:00:04 2009 - - 2 Answers - 0 Comments
A. b
Answered by misha81s - Sun Aug 30 14:04:24 2009
Q. Which of the following factors will increase the demand for a product? a. an unfavourable report on the value of the product b. an increase in the price of a substitute product c. an increase in the price of a complementary product d. a decrease in the number of buyers
Asked by Annsley86 - Sun Aug 30 14:00:04 2009 - - 2 Answers - 0 Comments
A. b
Answered by misha81s - Sun Aug 30 14:04:24 2009
What causes Aggregate supply to increase and decrease then aggregate demand to increase and decrease?
Q. What causes Aggregate supply to increase and decrease then aggregate demand to increase and decrease
Asked by yujul;[, - Wed Nov 11 19:41:18 2009 - - 1 Answers - 0 Comments
A. Consumption Investment Government Spending Imports Exports Monetary Policy Budgetary Policy and Microeconomic reforms.
Answered by RavStar - Wed Nov 11 21:15:04 2009
Q. What causes Aggregate supply to increase and decrease then aggregate demand to increase and decrease
Asked by yujul;[, - Wed Nov 11 19:41:18 2009 - - 1 Answers - 0 Comments
A. Consumption Investment Government Spending Imports Exports Monetary Policy Budgetary Policy and Microeconomic reforms.
Answered by RavStar - Wed Nov 11 21:15:04 2009
What combination of changes in supply and demand would most likely increase the equilibrium quantity?
Q. -when supply increases and demand increases -when supply decreases and demand decreases -when supply decreases and demand increases -when supply increases and demand decreases
Asked by pinkisluv17 - Mon Mar 30 17:15:29 2009 - - 1 Answers - 0 Comments
Q. -when supply increases and demand increases -when supply decreases and demand decreases -when supply decreases and demand increases -when supply increases and demand decreases
Asked by pinkisluv17 - Mon Mar 30 17:15:29 2009 - - 1 Answers - 0 Comments
How does more government spending during a recession increase the demand for something?
Q. Even if gov spending let to the production of more tractors - who would buy the tractors during a recession? How does government spending during a recession create more demand for a product?
Asked by Amnesty Vacations Spending - Sun Mar 15 19:21:30 2009 - - 7 Answers - 0 Comments
A. If the government bought tractors or gave people money with the specific instructions they must buy tractors, that would increase the demand for tractors. However, that money has to come from some place, either taxes, borrowing, or printing. And that means less wealth somewhere else. So the farmer that needed a new barn has his taxes increased so he can't afford a new barn, but he gets a check from the government to buy a tractor even though he didn't need one. So the guys who made the tractor have jobs, the guys who build barns don't have jobs. The farmer has a tractor he doesn't need and a crumbling barn he needs to replace. Multiply that stupidity a million times over and you have a depression, created in Washington by our… [cont.]
Answered by Marvin the Martian - Sun Mar 15 19:31:51 2009
Q. Even if gov spending let to the production of more tractors - who would buy the tractors during a recession? How does government spending during a recession create more demand for a product?
Asked by Amnesty Vacations Spending - Sun Mar 15 19:21:30 2009 - - 7 Answers - 0 Comments
A. If the government bought tractors or gave people money with the specific instructions they must buy tractors, that would increase the demand for tractors. However, that money has to come from some place, either taxes, borrowing, or printing. And that means less wealth somewhere else. So the farmer that needed a new barn has his taxes increased so he can't afford a new barn, but he gets a check from the government to buy a tractor even though he didn't need one. So the guys who made the tractor have jobs, the guys who build barns don't have jobs. The farmer has a tractor he doesn't need and a crumbling barn he needs to replace. Multiply that stupidity a million times over and you have a depression, created in Washington by our… [cont.]
Answered by Marvin the Martian - Sun Mar 15 19:31:51 2009
if supply decreases would demand increase on a supply and demand graph?
Q. does this also mean that id demand decreases, supply would increase? so confused with macroeconomics...
Asked by India4544 - Wed Jun 16 11:03:41 2010 - - 2 Answers - 0 Comments
A. no, demand would not increase, the supply curve should stay at the same slope but move rightwards. HOWEVER quantity demanded, that is the intercept/equilibrium between the two will be lower. This question is designed to test your knowledge between demand and quantity demand. The same amount of people will still pay the same amount for the product, but because there is more supply they can buy more of it.
Answered by serpents dream - Wed Jun 16 11:57:49 2010
Q. does this also mean that id demand decreases, supply would increase? so confused with macroeconomics...
Asked by India4544 - Wed Jun 16 11:03:41 2010 - - 2 Answers - 0 Comments
A. no, demand would not increase, the supply curve should stay at the same slope but move rightwards. HOWEVER quantity demanded, that is the intercept/equilibrium between the two will be lower. This question is designed to test your knowledge between demand and quantity demand. The same amount of people will still pay the same amount for the product, but because there is more supply they can buy more of it.
Answered by serpents dream - Wed Jun 16 11:57:49 2010
Why does the demand for food increase over time?
Q. Why do baby chickens demand for food increase over time? I know it has to do with the nutrients they need. I've been researching for a paper for a while and i'm having problems finding what i need. Basically as a chick grows it needs more energy for it's daily activities. But why?
Asked by rsoxfan243433 - Mon Jan 28 20:48:23 2008 - - 4 Answers - 0 Comments
A. Because they are growing, the growing process is a high energy demand process. They must create all the tissues and muscles, and cartilage, and etc etc. Create all this is a very demandant process. And of course they must create muscles and use it, and the muscle use demands energy too
Answered by Enrique - Mon Jan 28 21:00:11 2008
Q. Why do baby chickens demand for food increase over time? I know it has to do with the nutrients they need. I've been researching for a paper for a while and i'm having problems finding what i need. Basically as a chick grows it needs more energy for it's daily activities. But why?
Asked by rsoxfan243433 - Mon Jan 28 20:48:23 2008 - - 4 Answers - 0 Comments
A. Because they are growing, the growing process is a high energy demand process. They must create all the tissues and muscles, and cartilage, and etc etc. Create all this is a very demandant process. And of course they must create muscles and use it, and the muscle use demands energy too
Answered by Enrique - Mon Jan 28 21:00:11 2008
An increase in demand without any changes in supply will cause the price to rise. True or False?
Q. So im in an econ class and im confused about the supply and demand curve. if the price rises the Qdemanded should fall however they both rise i dont understand lol.
Asked by taylor - Tue Feb 23 00:59:16 2010 - - 2 Answers - 0 Comments
A. True. You are asking about how the supply and demand curves work, in relation to what you are studying in economics class. The statement is about an increase in demand without any change in supply. What they want you to be able to know about this is that an increase in demand means that the demand curve shifts to the right (a higher quantity demanded at every price). The supply curve will not change. Draw a diagram with a downward-sloping demand curve, and an upward-sloping supply curve. The point where they intersect will represent equilibrium price and quantity. Now draw a new demand curve, parallel to and to the right of the original demand curve. The supply curve will not change. Now notice where this new demand curve… [cont.]
Answered by jerry w - Tue Feb 23 04:41:43 2010
Q. So im in an econ class and im confused about the supply and demand curve. if the price rises the Qdemanded should fall however they both rise i dont understand lol.
Asked by taylor - Tue Feb 23 00:59:16 2010 - - 2 Answers - 0 Comments
A. True. You are asking about how the supply and demand curves work, in relation to what you are studying in economics class. The statement is about an increase in demand without any change in supply. What they want you to be able to know about this is that an increase in demand means that the demand curve shifts to the right (a higher quantity demanded at every price). The supply curve will not change. Draw a diagram with a downward-sloping demand curve, and an upward-sloping supply curve. The point where they intersect will represent equilibrium price and quantity. Now draw a new demand curve, parallel to and to the right of the original demand curve. The supply curve will not change. Now notice where this new demand curve… [cont.]
Answered by jerry w - Tue Feb 23 04:41:43 2010
we should make abortions cheaper to increase demand?
Q. this would put less strain on economy if more poor women were aborting. what do you think?
Asked by Farrah Pasodpsa - Tue Mar 23 14:02:49 2010 - - 8 Answers - 0 Comments
A. only if there is genuine reasons for abortions yes examples been raped? too young deformities- down syndrome and so on
Answered by benji - Tue Mar 23 14:10:44 2010
Q. this would put less strain on economy if more poor women were aborting. what do you think?
Asked by Farrah Pasodpsa - Tue Mar 23 14:02:49 2010 - - 8 Answers - 0 Comments
A. only if there is genuine reasons for abortions yes examples been raped? too young deformities- down syndrome and so on
Answered by benji - Tue Mar 23 14:10:44 2010
What is the difference between an increase in demand and increase in quantity demanded?
Q. I am in sore need of help with this concept on four questions of a homework assignment, if you're willing to help please let me know. "If the Fed begins to sell treasury bills to finance the national debt, we would expect to see..." - increase in demand for money - decrease in demand for money - an increase in the quantity of money demanded - decrease in the quantity of money demand - no change in the demand for money Any help with an explanation of why?
Asked by Beej - Wed Dec 31 10:22:37 2008 - - 3 Answers - 0 Comments
A. Geez. An increase in demand is an increase due to people needing or wanting more for whatever reason. An increase in quantity demanded is an increase for a not-so-practical reason, like a reduction in price. People don't really need more toilet paper, but if the price were cut in half, they would buy more - quantity demanded goes up. I believe the answer would be increase in the quantity demanded of money.
Answered by drtried - Wed Dec 31 10:32:20 2008
Q. I am in sore need of help with this concept on four questions of a homework assignment, if you're willing to help please let me know. "If the Fed begins to sell treasury bills to finance the national debt, we would expect to see..." - increase in demand for money - decrease in demand for money - an increase in the quantity of money demanded - decrease in the quantity of money demand - no change in the demand for money Any help with an explanation of why?
Asked by Beej - Wed Dec 31 10:22:37 2008 - - 3 Answers - 0 Comments
A. Geez. An increase in demand is an increase due to people needing or wanting more for whatever reason. An increase in quantity demanded is an increase for a not-so-practical reason, like a reduction in price. People don't really need more toilet paper, but if the price were cut in half, they would buy more - quantity demanded goes up. I believe the answer would be increase in the quantity demanded of money.
Answered by drtried - Wed Dec 31 10:32:20 2008
Can bad economic times be increasing the demand for illicit drugs and thus the increase in drug violence?
Q. Or is it just that drugs and the violence relating to them are in the spotlight more?
Asked by broken - Mon May 24 02:04:40 2010 - - 2 Answers - 0 Comments
A. There are pot growing regions of the country where they employ people to cut leaves for about $20/hr. A much larger industry than many realize.
Answered by Evolve or become extinct - Mon May 24 02:06:56 2010
Q. Or is it just that drugs and the violence relating to them are in the spotlight more?
Asked by broken - Mon May 24 02:04:40 2010 - - 2 Answers - 0 Comments
A. There are pot growing regions of the country where they employ people to cut leaves for about $20/hr. A much larger industry than many realize.
Answered by Evolve or become extinct - Mon May 24 02:06:56 2010
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Wilbur Kilroy
Wed, 21 Apr 2010 13:23:05 GM
So alternate fuels, such as bio-diesel and ethanol based fuels, lessen the . demand. for oil for transportation. Electric cars will lessen the . demand. for oil but . increase. the . demand. for electricity.. so there may be more . demand. for ...
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