Solved

Which of the Following Will Decrease the Demand for Labor

Question 77

Multiple Choice

Which of the following will decrease the demand for labor in the fast-food hamburger industry?


A) a decrease in the cost of producing the hamburgers, e.g., lower wage rate
B) the price of pizza, a substitute for hamburgers, decreases
C) the price of pizza, a substitute for hamburgers, increases
D) more advanced technology is used in making fast-food hamburgers
E) the price of hamburgers increases

Correct Answer:

verifed

Verified

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

Related Questions