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T /F/U. Increasing labor productivity can hurt workers.?

T

/F/U.

Increasing labor productivity can hurt workers.?

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Answer #1

False. Increase in labor productivity means that the total output increases without an increase in the number of inputs taken into production. The increase in total output with the same inputs means that the cost of production is low. The prices as a results decrease and the goods become cheaper. Normally, employers pay incentives for workers to increase their productivity and reward them with better wages and recognition of their contribution. It is always beneficial for the workers if the labor productivity is increased.

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