Improvements in the productivity of labor will tend to:
A. decrease wages.
B. decrease the supply of labor.
C. increase wages.
D. increase the supply of labor.
Answer:C
Improvements in the productivity of labor will tend to:
A. decrease wages. B. decrease the supply of labor. C. increase wages. D. increase the supply of labor.
Explanation: 4. Which of the following will not result in a leftward shift of the market demand curve for labor?