If ________,the total efficiency units of labor will increase.
A) firms hire more workers
B) the rate of unemployment increases
C) the physical capital stock of an economy decreases
D) the number of retired people in an economy increases

Question

Quizplus · Accepted Answer

When firms hire more workers, the total number of labor units increases which can lead to specialization in the production process and therefore an increase in the efficiency units of labor.

If ________,The Total Efficiency Units of Labor Will Increase