An increase in technology in fabric design changes Trisha's marginal product of labor function from If Trisha can sell all the output she desires at $120 and she must pay each unit of labor she employs $24, what effect does the change in technology have on labor employment?

Question

An increase in technology in fabric design changes Trisha's marginal product of labor function from  If Trisha can sell all the output she desires at $120 and she must pay each unit of labor she employs $24, what effect does the change in technology have on labor employment?

Quizplus · Accepted Answer

The Answer of An increase in technology in fabric design changes Trisha's marginal product of labor function from  If Trisha can sell all the output she desires at $120 and she must pay each unit of labor she employs $24, what effect does the change in technology have on labor employment?

An Increase in Technology in Fabric Design Changes Trisha's Marginal