A technological advance that increases the marginalproduct of labor shifts the labor- _________ curve tothe _________.a. demand; leftb. demand; rightc. supply; leftd. supply; right
A technological advance that increases the marginalproduct of labor shifts the labor- _________ curve tothe _________.a. demand; leftb. demand; rightc. supply; leftd. supply; right
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter4: Labor And Financial Markets
Section: Chapter Questions
Problem 26CTQ: Why are the factors that shift the demand for a product different from the factors that shift the...
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Question
A technological advance that increases the marginal
product of labor shifts the labor- _________ curve to
the _________.
a. demand; left
b. demand; right
c. supply; left
d. supply; right
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