If a Firm Adopts a Labor-Saving Piece of Technology, the

question 143

Multiple Choice

If a firm adopts a labor-saving piece of technology, the

• A)marginal product of labor will increase.
• B)marginal product of labor will decrease.
• C)marginal supply of labor will increase.
• D)marginal supply of labor will decrease.

---

Definitions:

Time-sensitive Items

Products that have a limited period during which they remain useful or desirable, often requiring expedited handling and delivery.

Airline Seats

The seating accommodations provided to passengers on an aircraft, categorized by class such as economy, business, or first class.

Cookies

Data files stored on a user's computer by a web browser, often used to remember information about the user's visit to a website.

Computer Files

Digital documents, data, or programs stored on a computer or server, which can be accessed and used by software.