Which of the Following Occurs When Labour Productivity Rises?

  1. The equilibrium nominal wage falls
  2. The equilibrium quantity of labour falls
  3. firm will be induced to use more capital
  4. labour demand curve shifts to the right

 

Manish Listener Asked on 16th October 2015 in Economics.
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  • 1 Answer(s)

    The Labour demand curve shifts to the right

    Monis Rasool Professor Answered on 20th October 2015.
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