A Technological Change That Increases the Value of Marginal Product

question 53

Multiple Choice

A technological change that increases the value of marginal product of labour shifts the labour

• A)demand curve leftward.
• B)demand curve rightward.
• C)supply curve leftward.
• D)supply curve rightward.
• E)demand curve rightward and the labour supply curve rightward.

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Definitions:

Subpoena Duces Tecum

A court order requiring a person to produce documents or records for a legal proceeding.

Fifth Amendment

An amendment to the U.S. Constitution that provides several protections for individuals, including the right against self-incrimination and the right to due process of law.

Fourth Amendment

An amendment to the U.S. Constitution that prohibits unreasonable searches and seizures and requires any warrant to be judicially sanctioned and supported by probable cause.

Deceptive Advertising

A misleading form of promotion that misrepresents a product or service to lure consumers.