Solved

If an Industry Introduces Labor-Saving Technology in Production,the Demand Curve

Question 41

Multiple Choice

If an industry introduces labor-saving technology in production,the demand curve for labor in that industry is likely to ________.


A) shift to the left
B) shift to the right
C) become vertical
D) become horizontal

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions