Technological Progress Helps Increase the Productivity of Labor, Defined as the Number

Multiple Choice

Technological progress helps increase the productivity of labor, defined as the number of units of output produced per hour of labor. A rise in the productivity of labor in the production process, ceteris paribus, will cause

A) the demand for the output to increase.
B) the demand for the output to decrease.
C) the supply of the output to increase.
D) the supply of the output to decrease.
E) None of the above is correct.