Technological Advances Shift the Demand for Labor

question 69

Multiple Choice

Technological advances shift the demand for labor

• A)to the left.
• B)to the right.
• C)to the left if technology is a complement of labor,but to the right if it is a substitute.
• D)to the right if technology is a complement of labor,but to the left if it is a substitute.

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Definitions:

Media Richness

Media richness theory suggests that communication channels have different capacities to convey information effectively.

Communication Medium

The method or channel through which communication occurs between senders and receivers, such as oral, written, or digital platforms.

Information

Data that has been processed, organized, or structured in a way that is meaningful to the user.

Media Richness

The ability of a communication medium to effectively convey information, taking into account elements such as immediacy of feedback, cues available, and personal focus.