if-a-new-technology-decreases-the-productivity-of-workers-what-happens-to-the-eq

Question

If a new technology decreases the productivity of workers, what happens to the equilibrium quantity of labor?

Accepted Answer

The equilibrium quantity of labor decreases.

Answer

The equilibrium quantity of labor fluctuates unpredictably.

Answer

The equilibrium quantity of labor increases.

Answer

The equilibrium quantity of labor remains unchanged.