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Figure 18-4 This Figure Below Shows the Labor Market for Automobile Workers.The

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Figure 18-4
This figure below shows the labor market for automobile workers.The curve labeled S is the labor supply curve,and the curves labeled D1 and D2 are the labor demand curves.On the horizontal axis,L represents the quantity of labor in the market. Figure 18-4 This figure below shows the labor market for automobile workers.The curve labeled S is the labor supply curve,and the curves labeled D<sub>1</sub> and D<sub>2</sub> are the labor demand curves.On the horizontal axis,L represents the quantity of labor in the market.   -Refer to Figure 18-4.Which of the following events would most likely explain the shift of the labor-demand curve from D<sub>1</sub> to D<sub>2</sub>? A)  The price of automobiles decreased. B)  A large number of immigrants entered the automobile-worker market. C)  A technological advance increased the marginal product of automobile workers. D)  All of the above events are equally-likely explanations.
-Refer to Figure 18-4.Which of the following events would most likely explain the shift of the labor-demand curve from D1 to D2?


A) The price of automobiles decreased.
B) A large number of immigrants entered the automobile-worker market.
C) A technological advance increased the marginal product of automobile workers.
D) All of the above events are equally-likely explanations.

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