Which of the Following Would Decrease the Demand for Labor

question 132

Multiple Choice

Which of the following would decrease the demand for labor?
(i) a decrease in the output price
(ii) an increase in the output price
(iii) a labor-saving technological advance
(iv) a labor-augmenting technological advance

• A)(i) only
• B)(i) and (iii) only
• C)(ii) only
• D)(ii) and (iv) only

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Definitions:

Core Job Characteristics

Fundamental elements of a job that affect an employee's motivation and job satisfaction, such as task variety, autonomy, and feedback.

Job Enrichment

The process of making a job more engaging, interesting, and motivating for employees by adding varied responsibilities and opportunities for personal growth.

Job Characteristics Model

A theory that proposes that the nature of a job itself affects employee motivation, satisfaction, and performance, identifying five core job dimensions that can be enriched.

Core Job Characteristics

Fundamental attributes of a job that affect employee motivation and job satisfaction, such as skill variety, task identity, task significance, autonomy, and feedback.