A technological breakthrough in using photons for computers will increase the productivity of those working with computers a hundredfold.You would expect this breakthrough to shift the
A)marginal product of labour curve up and to the right,raising the quantity of labour demanded at any given real wage.
B)marginal product of labour curve down and to the left,reducing the quantity of labour demanded at any given real wage.
C)labour supply curve up,reducing the quantity of labour demanded at any given real wage.
D)labour supply curve down,raising the quantity of labour demanded at any given real wage.

Question

Quizplus · Accepted Answer

The technological breakthrough is expected to increase productivity, which would mean that the marginal product of labour curve would shift up and to the right, indicating an increase in demand for labour at any given level of real wage.

A Technological Breakthrough in Using Photons for Computers Will Increase