Employers will hire more units of a resource if the
A)price of the resource increases.
B)productivity of the resource increases.
C)price of the good being produced declines.
D)price of a complementary resource rises.

Question

Quizplus · Accepted Answer

Employers are more likely to hire additional units of a resource if the productivity of that resource increases because it means that each unit of the resource can produce more output, potentially leading to higher profits.

Employers Will Hire More Units of a Resource If the