Use the graph to answer the question that follows. Based on the graph, which of the following factors can cause the market labor demand curve in the automotive industry to shift from D1 to D2? A-A decrease in the human capital of automotive workers B-An increase in the cost of robotics used as a labor substitute C-An increase in immigration from foreign countries D-An increase in the wage rate of automotive workers E-A decrease in the marginal revenue product of labor
Use the graph to answer the question that follows. Based on the graph, which of the following factors can cause the market labor demand curve in the automotive industry to shift from D1 to D2? A-A decrease in the human capital of automotive workers B-An increase in the cost of robotics used as a labor substitute C-An increase in immigration from foreign countries D-An increase in the wage rate of automotive workers E-A decrease in the marginal revenue product of labor
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Use the graph to answer the question that follows.
Based on the graph, which of the following factors can cause the market labor demand curve in the automotive industry to shift from D1 to D2?
A-A decrease in the human capital of automotive workers
B-An increase in the cost of robotics used as a labor substitute
C-An increase in immigration from foreign countries
D-An increase in the wage rate of automotive workers
E-A decrease in the marginal revenue product of labor
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