What Will Improvements in the Productivity of Labour Tend to Do

question 61

Multiple Choice

What will improvements in the productivity of labour tend to do?

• A) decrease wages
• B) decrease the supply of labour
• C) increase wages
• D) increase the supply of labour

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Definitions:

Histogram

A graphical representation of the distribution of numerical data, where the data is grouped into bins or intervals.

Peaks

Points of maximum value or height in a distribution or dataset.

Interval Data

Data with meaningful amounts of difference between measurements but no true zero point, allowing for numerical operations like addition and subtraction.

Histograms

Graphical representations of data distribution where data is grouped into ranges and each range's frequency is represented by a column's height.