If a firm adopts a labor-augmenting piece of technology:
A) labor demand will increase.
B) labor supply will increase.
C) labor demand will decrease.
D) labor supply will decrease.
Correct Answer:
Verified
Q124: If it is a cultural norm to
Q125: For any competitive labor market, changes that
Q126: If a firm adopts a labor-augmenting piece
Q127: If a firm adopts a labor-saving piece
Q128: If there is a decrease in demand
Q130: The determinants of labor supply include:
A)culture and
Q131: If the U.S. experiences an enormous surge
Q132: For any competitive labor market, what change
Q133: If a firm adopts a labor-saving piece
Q134: A slump in one industry could increase
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents