If a Producer Who Hires Labor in a Competitive Labor

question 173

Multiple Choice

If a producer who hires labor in a competitive labor market decides to purchase a new, automated machine that completes the work of 30 employees, we would expect the labor _______ curve in that market to shift to the _______.

• A)supply; left
• B)demand; left
• C)supply; right
• D)demand; right

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Definitions:

Political Support

Backing or endorsement for political causes, parties, or candidates, often manifesting through votes, donations, or public advocacy.

Bloc Québécois

A federal political party in Canada that advocates for the interests of Quebecers and promotes Quebec sovereignty.

Political Party

An organized group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.

Social Movement

A collective effort by a large group of people aiming to promote or resist change in the society regarding specific social issues.