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:

Professional Identity

An individual's self-concept based on attributes, beliefs, values, motives, and experiences as a member of a profession, guiding their professional behavior.

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Autonomy

The capacity to make an informed, uncoerced decision or the quality of having independence or freedom.

Competence

The ability to effectively perform or undertake a specific task or role.