A technological advance that increases the productivity of teachers can be expected to have what effects on the equilibrium labor market for teachers?

Question

Quizplus · Accepted Answer

Technological advances that increase productivity typically lead to higher wages because each teacher can produce more value. Additionally, as productivity increases, the demand for more teachers to utilize these technologies effectively can also rise, leading to an increase in the quantity of labor demanded.

A Technological Advance That Increases the Productivity of Teachers Can