If an Industry Introduces Labor-Saving Technology in Production,the Demand Curve

question 41

Multiple Choice

If an industry introduces labor-saving technology in production,the demand curve for labor in that industry is likely to ________.

• A) shift to the left
• B) shift to the right
• C) become vertical
• D) become horizontal

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Definitions:

Eating Disorder Behaviors

Actions or patterns of behavior that are indicative of an eating disorder, such as binge eating, purging, and excessively restrictive eating.

Affluent Western Societies

Terms used to describe rich and economically developed societies or countries primarily located in the Western hemisphere.

Cognitive-behavioral Therapy

A psychotherapeutic approach that addresses dysfunctional emotions, behaviors, and cognitions through a goal-oriented, systematic procedure.

Matching Hypothesis

The idea that people of similar levels of physical attractiveness gravitate toward each other.