If Technological Developments Increase the Marginal Product of Labor, Then

question 137

Multiple Choice

If technological developments increase the marginal product of labor, then the:

• A)supply of labor will increase.
• B)demand for labor will decrease.
• C)the equilibrium wage rate will decrease.
• D)demand for labor will increase.

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Definitions:

Multiorgasmic Women

Women who are capable of experiencing several orgasms sequentially within a short period during a single sexual encounter.

Sexual Stimulation

Sexual stimulation involves any event or action that increases sexual arousal or desire in an individual.

Hedonic Adaptation

The observed tendency of individuals to return to a relative level of happiness despite major positive or negative events or life changes.

Income

The financial earnings received by an individual or group, typically calculated on a weekly, monthly, or yearly basis, from work, investments, or other sources.