Question
Why has manufacturing employment decreased as a share of total employment in Canada over the last 50 years? A-Because manufacturing products have an elastic demand
Why has manufacturing employment decreased as a share of total employment in Canada over the last 50 years?
A-Because manufacturing products have an elastic demand so that lower prices lead to more machines being used and less workers being hired;
B- Because manufacturing products have an inelastic demand so that lower prices lead to more machines being used and less workers being hired;
C-Because China produces most manufacturing products;
D-Because manufacturing products have a demand elasticity equal to one so that lower prices lead to more machines being used and less workers being hired
Question-1 b)
By 2025 what do you think is the likelihood (or probability) that an artificial intelligent (AI) machine be used as a member of a corporate board of directors?
A-0% (like today)
B-25%
C-50%
D-75%
E-100%
What is the probability that umpires/referees and other sport officials be replaced by computers in the next 10-20 years
A-0% (like today)
B-40%
C-80%
D-100%
What is the probability that a psychologist be replaced by a computer in the next 10-25 years?
A-0% (like today)
B-25%
C-50%
D-75%
E-100%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started