If capital per worker rises

A) labor productivity decreases.
B) no technological progress occurs.
C) labor productivity increases.
D) firms respond by raising their prices.

C

Economics

You might also like to view...

For a nonrenewable natural resource, such as oil, the equilibrium price ________ the market fundamentals price

A) is always the same as B) can be greater than but not less than C) can be less than but not greater than D) can be less than, greater than, or equal to

Economics

Are business inventory changes always planned? Give an example to support your argument

Economics