A Technological Advance That Increases the Productivity of Teachers Can

question 123

Multiple Choice

A technological advance that increases the productivity of teachers can be expected to have what effects on the equilibrium labor market for teachers?

• A) Wages will rise, and quantity of labor will fall.
• B) Wages will rise, and quantity of labor will rise.
• C) Wages will fall, and quantity of labor will fall.
• D) Wages will fall, and quantity of labor will rise.
• E) Wages and quantity of labor will remain the same.

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Definitions:

Defendants Liability

The legal obligation of a defendant in a lawsuit to compensate for harm caused to the plaintiff as determined by a court judgment or settlement.

Punitive Damages

Financial compensation awarded to a plaintiff that goes beyond what is necessary to compensate for losses and is intended to punish the defendant.

Gross Negligence

A severe lack of care that shows a reckless disregard for the safety or lives of others, which is considered more serious than simple negligence.

Strict Liability

A legal doctrine holding parties responsible for damages or harm caused by their actions, regardless of intent or negligence.