If a firm adopts a labor-augmenting piece of technology,it will:
A) increase the marginal product of labor.
B) decrease the marginal product of labor.
C) increase the marginal supply of labor.
D) decrease the marginal supply for labor.
Correct Answer:
Verified
Q104: The determinants of labor supply include:
A)culture,population,and other
Q105: If the supply of another input used
Q106: The quantity of labor supplied is determined
Q108: In a competitive labor market,if the demand
Q110: Increased border patrol will adversely affect the
Q112: If the output labor produces experiences a
Q113: The determinants of labor demand include:
A)culture,population,and other
Q114: In a competitive labor market, if the
Q114: In a competitive labor market,if the demand
Q136: If adopted by a firm,a labor-saving piece
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