A New Technology That Increases the Productivity of Chefs Has

question 17

Multiple Choice

A new technology that increases the productivity of chefs has what effect on the labour market for chefs?

• A) The wage rate will rise, and quantity of chefs employed will fall.
• B) The wage rate will rise, and the quantity of chefs employed will rise.
• C) The wage rate will fall, and quantity of chefs employed will fall.
• D) The wage rate will fall, and the quantity of chefs employed will rise.

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