When robots replace workers in performing a particular task, productivity
A) and total output can fall because machines are not teachable like humans.
B) will rise, but the total output may fall because of tensions between workers and machines.
C) and total output can rise because displaced workers are now free to produce other things.
D) will fall because there is idle labor and reliance on machines.
Correct Answer:
Verified
Q56: Who gains the most when robots replace
Q57: The long-run effect of laws that raise
Q58: Consider the labor market, predict which of
Q59: When technology replaces low-skilled jobs in one
Q60: Who gains and who loses when robots
Q62: Technological change _ productivity.
A)makes cyclical changes in
B)stabilizes
C)diminishes
D)boosts
Q63: In a labor market, workers _ labor,
Q64: An individual's time is divided into the
Q65: When you are working in the labor
Q66: The opportunity cost of working is
A)what you
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