Ordinarily, such an innovation would only be introduced to the production process if it caused (both marginal and average) productivity to improve. One could argue that in some cases the introduction of computer technology actually caused productivity to decline--due to the additional time required to keep the computer systems running.
What Would Happen To Marginal And Average Productivity If A Technological Innovation Is Introduced To The Production Process?
What is average productivity? What is marginal productivity? Explain the relationship between marginal and average productivity. What would happen to marginal and average productivity if a technological innovation were introduced to the production process?