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Figure: The Demand for Bricklayers
-(Figure: The Demand for Bricklayers)Use Figure: The Demand for Bricklayers.If there is an increase in technology that increases the productivity of bricklayers,then the value of the marginal product of the sixth bricklayer will be _____ than _____.
A)less;$80
B)greater;$100
C)less;$60
D)greater;$110

Question

Use the following to answer question:
Figure: The Demand for Bricklayers 
-(Figure: The Demand for Bricklayers)Use Figure: The Demand for Bricklayers.If there is an increase in technology that increases the productivity of bricklayers,then the value of the marginal product of the sixth bricklayer will be _____ than _____.
A)less;$80 
B)greater;$100 
C)less;$60 
D)greater;$110

Quizplus · Accepted Answer

An increase in technology that increases the productivity of bricklayers will increase the marginal product of each additional bricklayer. Therefore, the value of the marginal product of the sixth bricklayer will be greater than $100, which is the original value of the marginal product of the sixth bricklayer.

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