Economics · Labour Economics
How does technological progress in production affect the individual labor supply curve?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1It permanently fixes the supply curve vertically.
- 2It can shift the curve to the left due to an increased income effect.✓
- 3It has absolutely no impact on the labor supply curve.
- 4It shifts the curve downwards if workers' preference for leisure increases.
Correct answer
It can shift the curve to the left due to an increased income effect.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Labour Economics MCQs →Want more practice questions on Labour Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Labour Economics