Labor-Augmenting Technology Causes Which of the Following? (I)

question 578

Multiple Choice

Labor-augmenting technology causes which of the following? (i)
The marginal productivity of labor increases.
(ii)
The marginal productivity of labor decreases.
(iii)
Labor demand shifts to the right.
(iv)
Labor demand shifts to the left.

• A)(i) only
• B)(ii) only
• C)(i) and (iii) only
• D)(ii) and (iv) only

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Definitions:

Income From Operations

The profit generated from a business's core activities, excluding revenues and expenses from non-operational activities.

Invested Assets

Invested assets refer to the total of all investments held by an individual or institution, including stocks, bonds, real estate, and other financial assets.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from the investment by its original cost.

Divisional Performance

Assessment of the financial and operational effectiveness of a distinct business unit within a larger corporation, often reviewed to make strategic improvements.