Suppose that a college physics experiment goes horribly wrong and releases an electronic pulse that renders all electronic equipment in the cities of Columbus, Cleveland and Cincinnati, Ohio permanently useless. No people are hurt, and no buildings are damaged. After the accident, the wages earned by Ohio workers will

Question

Quizplus · Accepted Answer

The destruction of electronic equipment would likely decrease the productivity of workers since much of modern work relies on electronic tools and systems. Lower productivity means workers can produce less value, which typically leads to lower wages.

Suppose That a College Physics Experiment Goes Horribly Wrong and Releases