Suppose a Change in Technology Increases the Marginal Product of Labor

question 59

Multiple Choice

Suppose a change in technology increases the marginal product of labor. The result is a(n) :

• A) downward movement along the demand for labor curve.
• B) rightward shift in the demand for labor curve.
• C) leftward shift in the demand for labor curve.
• D) upward movement along the demand for labor curve.

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Definitions:

Policy of Containment

A foreign policy strategy aimed at preventing the spread of communism, adopted by the United States during the Cold War.

Communist Victory

Refers to a successful achievement or takeover by communist forces or parties in a political or military struggle.

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A powerful weapon that releases enormous energy through nuclear reactions, first used in warfare by the United States during World War II.

Military Buildup

The process of nations increasing their military capability in terms of personnel, equipment, and technology, often in response to perceived threats or for strategic advantages.