Which Is an Example of a Change in Product Demand

question 111

Multiple Choice

Which is an example of a change in product demand that decreases labor demand?

• A) An increase in the price of paper increases the cost of making books,thus decreasing the demand for bookbinders.
• B) The widespread availability of self-serve gas pumps reduces the demand for workers pumping gas.
• C) An increase in the price of steel increases the cost of producing cars and trucks,thus decreasing the demand for automobile workers.
• D) A decline in productivity in retailing decreases the demand for retail sales workers.

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Definitions:

Vulnerable

A state of being susceptible to harm or damage, often used to describe species at risk of extinction or ecosystems facing threats.

Population Size

Population Size indicates the total number of individuals or units within a specified area or population group at a given time.

Ability

The capacity, skill, or proficiency to do something effectively.

Primary Ecological Succession

The process by which new ecosystems develop on previously uninhabited or barren areas, starting from bare rock or soil.