Other Things Being Equal,if It Becomes More Difficult to Substitute

question 84

Multiple Choice

Other things being equal,if it becomes more difficult to substitute capital for labour in the production of cell phones,the demand curve for labour in that industry

• A)will shift parallel to the left.
• B)will shift parallel to the right.
• C)will remain unchanged.
• D)will become more elastic.
• E)will become more inelastic.

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Definitions:

Products

Goods or services offered by a company to customers.