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Labor-augmenting technology causes which of the following?(i) The marginal productivity of labor increases.(ii) The marginal productivity of labor decreases.(iii) Labor demand s…

Labor-augmenting technology causes which of the following?(i) The marginal productivity of labor increases.(ii) The marginal productivity of labor decreases.(iii) Labor demand s…
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Labor-augmenting technology causes which of the following?(i) The marginal productivity of labor increases.(ii) The marginal productivity of labor decreases.(iii) Labor demand shifts to the right.(iv) Labor demand shifts to the left.

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User MBHNYC
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Answer:

The answers are numbers II and IV.

Step-by-step explanation:

Labor-augmenting technology causes the marginal productivity of labor decreases and labor demand shifts to the left.

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User Combine
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