Question

Improvement in labour efficiency results in fall in production cost​

Answer 1

Answer:

Compared to the previous two experiments - increase in number of workers and working hours - nominal hourly wages fall by a smaller percentage when labor efficiency improves, because production costs fall and make producer prices fall.

Answer 2

Answer:

Compared to the previous two experiments - increase in number of workers and working hours - nominal hourly wages fall by a smaller percentage when labor efficiency improves, because production costs fall and make producer prices fall.

Explanation:

please mark me brainlist