Holding other factors constant, if 3D-printing technology allows factory workers to manufacture more products per hour, then the real wages of factory workers will ______ and employment of factory workers will _____.

Question

Quizplus · Accepted Answer

If factory workers become more productive, thereby increasing their contribution to the employer, then producers will be more inclined to hire workers so the demand for labor shifts right. Wages and employment will increase.

Holding Other Factors Constant, If 3D-Printing Technology Allows Factory Workers