Consider the Labor Market for Autoworkers

question 92

Essay

Consider the labor market for autoworkers.Graph and explain how the following events would affect the labor demand curve for these workers:
a.Citizens become more concerned about the environment,choosing public transportation over motor vehicles.
b.Domestic pressures and governmental policy make it harder for firms to outsource their production to other countries.As business expands,firms must hire domestically.
c.Assembly line technology improves to the point where only a handful of workers are needed to operate the production system.