A Technological Advance That Increases Labor Productivity Will

question 9

Multiple Choice

A technological advance that increases labor productivity will

• A) lower wages.
• B) decrease the demand for labor as fewer workers are needed.
• C) decrease the supply of labor as fewer workers are needed.
• D) increase the demand for labor as MP rises.
• E) decrease the demand for labor as MP falls.

Recognize the rights of minority shareholders in the event of fundamental changes.

Outline the conditions under which a court may dissolve a corporation.

Explain the process and consequences of corporate dissolution, including protection for creditors.

Detail the responsibilities of controlling shareholders when selling their interest.