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annyan annyan
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2 months ago
A country's labor demand curve shifted to the right after the adoption of a new technology. This implies that the use of the new technology ________, assuming all else equal.

▸ increased the minimum wage that firms need to pay

▸ lowered the minimum wage that firms need to pay

▸ reduced the marginal product of labor

▸ increased the marginal product of labor
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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bwhurdbwhurd
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increased the marginal product of labor
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