A Technological Improvement That Causes an Increase in the Marginal

question 139

Multiple Choice

A technological improvement that causes an increase in the marginal product of a resource will

• A)decrease the demand for the resource.
• B)increase the demand for the resource.
• C)decrease the marginal revenue product.
• D)increase the marginal resource cost.

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Definitions:

Unobtrusive Measurement

A method of data collection in research that does not interfere with the subjects' behavior, allowing for more natural and authentic responses.

Survey Research

A method of gathering information from a sample of individuals through their responses to questions, often used in the social sciences.

Group

A group of people who communicate with each other, possess common traits, and together feel a sense of belonging or identity.

National Census

A systematic enumeration of a population, typically conducted by a government, to collect demographic, social, and economic information at a specified time.