How Will an Increase in Labour Productivity Affect Equilibrium in the Labour

Multiple Choice

How will an increase in labour productivity affect equilibrium in the labour market?

A) The supply of labour will increase and the equilibrium wage and quantity of labour will increase.
B) The demand for jobs will increase and the equilibrium wage and quantity of labour will increase.
C) The demand for labour will increase and the equilibrium wage and quantity of labour will increase.
D) The demand for labour will decrease because fewer workers will be needed to produce the same output.The equilibrium wage and quantity of labour will decrease.