What do improvements in the productivity of labour tend to result in?

Question

Quizplus · Accepted Answer

Improvements in the productivity of labour mean that more output can be produced with the same amount of input or resources. This leads to a decrease in the overall cost of production, which in turn increases profitability and can result in an increase in demand for goods and services. The increase in demand for goods and services then leads to an increase in demand for labour to produce those goods and services.

What Do Improvements in the Productivity of Labour Tend to Result