If workers become more productive as a result of a new technology, the demand for these workers will decrease because the firm will not need to hire as many.

Question

Quizplus · Accepted Answer

Increased productivity from new technology can lead to higher demand for workers because firms may expand production due to lower costs per unit, potentially increasing the need for workers in other areas or for maintenance and operation of the new technology.

If Workers Become More Productive as a Result of a New