An Increase in Total Factor Productivity Causes the

question 50

Multiple Choice

An increase in total factor productivity causes the

• A) production fucntion to shift up, labour demand to shift right, and output supply to shift right.
• B) production function to shift up, labour demand to shift left, and output supply to shift right.
• C) production function to shift up, labour demand to shift right, and output supply to shift left.
• D) production function to shift down, labour demand to shift left, and output supply to shift left.
• E) production function to shift down, labour demand to shift right, and output supply to shift right.

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Definitions:

Order They Melt

The sequence in which materials change from solid to liquid form due to temperature increases, often used in geological contexts to discuss rock or mineral melting points.

Convergent Boundary

A tectonic boundary where two or more tectonic plates move towards each other, often resulting in mountain building, earthquakes, and volcanic activity.

Oceanic Plate

A type of tectonic plate that consists mainly of basaltic crust and is denser than continental plates, often subducted under a continental plate at convergent boundaries.

Subducts

Occurs when one tectonic plate moves under another and sinks into the Earth's mantle due to plate tectonic processes.