Posh pillows manufactures two products, pillows and cushions, from a joint process. pillows are allocated $7000 of the total joint costs of $30,000. there are 2500 pillows produced and 2500 cushions produced each year. pillows can be sold at the split-off point for $14 per unit, or they can be processed further into a deluxe pillow for additional processing costs of $8500 and sold for $18 for each deluxe pillow. if the pillows are processed further and made into deluxe pillows, the effect on operating income would be

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.