Multiple Choice
Consider a firm's demand curve for labour.If a technological change makes it harder to substitute capital for labour,the demand curve for labour
A) shifts parallel to the right.
B) shifts parallel to the left.
C) becomes less elastic.
D) becomes more elastic.
E) is not affected.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q113: If small changes in incentives can induce
Q114: The hypothesis of equal net advantage explains
Q115: When the wage paid to workers in
Q116: The diagram below shows the MRP curve
Q117: The demand and supply curves shown below
Q118: The demand and supply curves shown below
Q120: The demand curve for a variable factor
Q121: Consider the mobility of any factor of
Q122: The three diagrams below each show a
Q123: If a firm is a perfect competitor