Which is an example of a change in productivity that increases labor demand? Multiple Choice A decrease in the price of lumber decreases the cost of building homes, thus increasing the demand for construction workers. Mail-order catalog sales rise, thus increasing the demand for workers in the mail-order business. Sport utility vehicles increase in popularity, thus increasing the demand for the workers who make them. A technological change increases output per worker in the computer industry, thus increasing the demand for computer workers. < Prey Nex 11 of 50

Which is an example of a change in productivity that increases labor demand? Multiple Choice A decrease in the price of lumber decreases the cost of building homes, thus increasing the demand for construction workers. Mail-order catalog sales rise, thus increasing the demand for workers in the mail-order business. Sport utility vehicles increase in popularity, thus increasing the demand for the workers who make them. A technological change increases output per worker in the computer industry, thus increasing the demand for computer workers. < Prey Nex 11 of 50

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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