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tuggy tuggy
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Posts: 864
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7 years ago
Other things remaining the same, which of the following is likely to happen if an industry introduces labor-saving technology in production?
A) There will be a decrease in both the wage rate and the employment levels in the industry.
B) There will be a rise in both the wage rate and the employment levels in the industry.
C) There will be a rise in the wage rate and a decrease in the employment levels in the industry.
D) There will be a decrease in the wage rate and a rise in the employment levels in the industry.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SudzburySudzbury
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Posts: 542
7 years ago
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tuggy Author
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7 years ago
Thanks for helping on my microeconomics tutorial
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