Suppose a Change in Technology Increases the Marginal Product of Labor

question 1

Multiple Choice

Suppose a change in technology increases the marginal product of labor. The result is

• A) a downward movement along the demand for labor curve.
• B) a rightward shift in the demand for labor curve.
• C) a leftward shift in the demand for labor curve.
• D) an upward movement along the demand for labor curve.

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Definitions:

Measurement

The process of quantifying objects, events, or phenomena, typically using tools or instruments to determine dimensions, quantities, or capacities.

Measurement

The process of obtaining a numerical value that represents the size, quantity, or degree of an attribute or phenomenon.

Description

The act of detailing or explaining the characteristics, features, or aspects of something.

Operational Definition

A clear, detailed description of how variables in a study are measured or categorized.