Labor-Augmenting Technological Advances Increase the Marginal Productivity of Labor

question 49

True/False

Labor-augmenting technological advances increase the marginal productivity of labor.

---

Definitions:

Duty to Warn

A legal requirement to inform others of a danger that is not apparent, to prevent foreseeable harm.

Damages

A monetary compensation awarded to a person who has suffered loss or harm as a result of the wrongful act of another.

Physical Injury

Harm or damage inflicted upon a person's body.

Contract

A contractual accord enforceable by law, specifying duties and entitlements among two or more involved entities.