Robotic Technology Is a Substitute for Labour in Many Manufacturing

question 40

Multiple Choice

Robotic technology is a substitute for labour in many manufacturing processes. If the price of robotic technology decreases and the scale of the firm's production does not change, there is

• A) a decrease in the demand for labour.
• B) an increase in the demand for labour.
• C) a decrease in the supply of labour.
• D) an increase in the supply of labour.
• E) no change in the demand for labour.

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Definitions:

United States

A country located in North America consisting of 50 states and a federal district, known for its significant influence in global affairs, economy, and culture.

Mental Disorder

A broad category of conditions that affect an individual's thinking, feeling, mood, or behavior, often significantly impacting day-to-day functioning.

Sociological Reason

The practice of examining social phenomena, structures, and patterns with analytical and critical thinking to understand human behavior and societal changes.