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:

State Unemployment Tax

A tax imposed by state governments on employers to fund unemployment insurance benefits for workers who lose their jobs.

Rate of Pay

The fixed amount of compensation an employee receives for their services, typically expressed on an hourly, daily, or per-task basis.

Hours

A unit of time or a period that can be allocated or measured, often used in various contexts such as work hours or operational hours.

Custodial Parent

The parent who has been granted primary physical and/or legal custody of a child by a court.