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:

Fatty Acids

Organic compounds that are important sources of energy, consisting of a hydrocarbon chain and a terminal carboxyl group.

Glycerol

A simple sugar alcohol compound that is a building block for fats and oils and serves as a backbone in triglyceride formation.

Trypsin

An enzyme produced by the pancreas that plays a key role in the digestion of proteins in the small intestine.

Small Intestine

A part of the gastrointestinal tract between the stomach and the large intestine where most of the digestion and absorption of nutrients occurs.