Economics 9708 · AS & A Level · Long-run costs and economies of scale

Long-run costs and economies of scale — practice question

A firm purchases new machinery that raises the marginal productivity of its workforce. What effect will this have on the market for labour?

  • Aa shift to the left in the demand curve for labour
  • Ba shift to the right in the demand curve for labour
  • Ca shift to the left in the supply curve of labour
  • Da shift to the right in the supply curve of labour

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