Which of the Following Factors Will Contribute to an Increase

question 8

Multiple Choice

Which of the following factors will contribute to an increase in the marginal productivity of labor?

• A)An increase in the cost of living
• B)Technological progress
• C)An increase in the demand for labor
• D)A high nominal wage

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Definitions:

Personality Traits

Enduring characteristics that describe an individual's behavior, emotions, and thoughts.

Questionnaire

A survey consisting of a series of questions aimed at gathering information about individuals' preferences, thoughts, attitudes, or behaviors.

Machiavellianism

A personality trait that involves manipulation and exploitation of others, a lack of morality, and a focus on self-interest and deception.

Conscientiousness

A personality trait characterized by diligence, organization, dependability, and a strong sense of duty.