Robotic Technology Is a Substitute for Labor in Many Manufacturing

question 37

Multiple Choice

Robotic technology is a substitute for labor in many manufacturing processes.If the price of robotic technology decreases and the scale of the firm's production does not change,there is

• A) a decrease in the demand for labor.
• B) an increase in the demand for labor.
• C) no change in the demand for labor.
• D) an increase in the supply of labor.
• E) a decrease in the supply of labor.

---

Definitions:

Anxiety; Avoidance

A behavioral pattern where individuals seek to reduce anxiety by steering clear of situations or stimuli that they perceive as threatening.

Attachment Style

Patterns of expectations, needs, and emotional behavior that affect relationships, stemming from early interactions with caregivers.

Dimensions

Various measurable aspects or elements that define and differentiate objects, concepts, or experiences.

Interdependence

A relationship dynamic where entities rely on each other to a significant extent, affecting each other's conditions or actions.