Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 15 - Wage Determination - Appendix - Disscussion Questions - Page 358: 2

Answer

15.7 million

Work Step by Step

This is a decline, which is not surprising, for with the era of new technology and jobs being shipped over seas, it is becoming easier for firms to control employees as employees are becoming more replaceable.
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