Q
New technology in the form of computer spreadsheets has increased the productivity of accountants. This will cause ?
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A
A. The demand curve for accountants to shift to the right, since the productivity of accountants has increased
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B
B. Firms to move up their demand curves for accountants
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C
C. The demand curve for accountants to shift to the left, since it requires fewer accountants than it did before to do the same amount of work.
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D
D. Firms to move down their demand curves for accountants
Correct Answer:
A. A. The demand curve for accountants to shift to the right, since the productivity of accountants has increased