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    Microeconomics Study Set 13
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    Exam 7: Utility Maximization
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    An Increase in the Productivity of Labor Over Time Will
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An Increase in the Productivity of Labor Over Time Will

Question 160

Question 160

Multiple Choice

An increase in the productivity of labor over time will


A) decrease the value of time.
B) increase the value of time.
C) decrease the demand for labor-saving devices.
D) decrease the demand for consumer goods and services.

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