Economics: The Basics 1st Edition by Mike Mandel

تمرين 3

Consider the labor demand curve for a city. For each of the following events, say whether the labor demand curve shifts to the left, shifts to the right, or stays in place. Explain.
a) The local factory installs a robot assembly line.
b) The local wage increases.
c) The local factory is able to sell more products overseas.
d) A new department store opens in town to compete with existing retailers.