Labor-Saving Technology Causes Which of the Following? (I) the Marginal Productivity

question 280

Multiple Choice

Labor-saving 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)
• D)(ii) and (iv)

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