A

Admin • 802.91K Points
Coach

Q. What will happen if labour productivity is increased?

  • (A) Balanced cash wage will decrease
  • (B) Competitive firms will be forced to invest more
  • (C) Labour demand curve will shift towards right
  • (D) None of the above.
  • Correct Answer - Option(C)
  • Views: 3
  • Filed under category Economic
  • Hashtags:
Explanation by: Admin
If there is low marginal labour production,
then after giving wages there will be profit from marginal labourer. Ultimately, demand of labour will increase and labour demand curve will shift towards right.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.