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Home Q & A Board Other Fields Homework Help Business Economics
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chomtong chomtong
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7 years ago
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.
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goldlilysgoldlilys
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7 years ago
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