Robotic Technology Is a Substitute for Labor in Many Manufacturing

question 37

Multiple Choice

Robotic technology is a substitute for labor 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 labor.
• B) an increase in the demand for labor.
• C) no change in the demand for labor.
• D) an increase in the supply of labor.
• E) a decrease in the supply of labor.

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Definitions:

Human Equality

The principle or ideal that all humans are equal in rights, status, and opportunity, regardless of race, gender, or other characteristics.

Racial Adaptation

The process by which populations evolve or acquire traits that enable them to survive and reproduce in specific environmental conditions, often discussed in the context of human evolution.

Gene Flow

The introduction of alleles from the gene pool of one population into that of another.

Political Category

A classification used in political science to delineate different kinds of political actions, policies, or actors.