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Other Fields Homework Help Economics Topic started by: chomtong on Jun 27, 2017



Title: If labor and capital are complementary in production and a technological advance increases the ...
Post by: chomtong on Jun 27, 2017
If labor and capital are complementary in production and a technological advance increases the productivity of capital, then, ceteris paribus,
A) labor productivity is likely to fall.
B) labor productivity is likely to rise.
C) wages are likely to fall.
D) Both A and C are correct.


Title: Re: If labor and capital are complementary in production and a technological advance increases the ...
Post by: goldlilys on Jun 27, 2017
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