Question
Which of the following is correct? When technology improves, firms produce more butlabour productivity remains the same. When the capital perlabourchanges, labor productivity remains unchanged.
Which of the following is correct?
When technology improves, firms produce more butlabour productivity remains the same.
When the capital perlabourchanges, labor productivity remains unchanged.
When technology improves, firms produce more butlabour productivity will decrease.
When the capital perlabourincreases, labor productivity decreases as workers are being replaced with machines.
When the capital perlabourincreases, labor productivity increases.
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Crafting and Executing Strategy The Quest for Competitive Advantage
Authors: Arthur Thompson, Margaret Peteraf, John Gamble, A. J. Strickland III
19th edition
78029503, 978-0078029509
