If Car Manufacturers Begin Using New Labor-Saving Technology on Their

question 73

Multiple Choice

If car manufacturers begin using new labor-saving technology on their assembly lines,we would not expect

• A)a smaller quantity of labor to be used.
• B)the supply of cars to increase.
• C)the firms' costs to fall.
• D)individual car manufacturers to move up and to the right along their individual supply curves.

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Definitions:

Dividend Yield

A monetary ratio demonstrating the proportion of yearly dividends distributed by a corporation in relation to its share value.

Common Stock

The basic voting stock issued by a corporation.

Cultural Eutrophication

The process by which lakes, rivers, or coastal waters become over-enriched with nutrients from human activities, leading to excessive growth of algae and environmental degradation.

Pollution Control

Measures and strategies implemented to reduce or eliminate the release of pollutants into the environment, aiming to protect human health and ecosystems.