What impact does technological change have on employment?

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: Factor Markets: With Emphasis On The Labor Market
Section: Chapter Questions
Problem 15QP
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What impact does technological change have on employment?

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Technology refers to the process that a firm used to turn inputs into outputs of goods and services. On the other hand, technological changes are the change in the ability of a firm to produce a given level of output with a given quantity of inputs.

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