-Refer to the diagram above.The movement from labour demand curve D to D2 is a(n) __________ in labour demand,which could be the result of a(n) __________.

Name: -Refer to the diagram above.The movement from labour demand curve D to D2 is a(n)__________ in labour demand,which could be the result of a(n)__________.
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Question

-Refer to the diagram above.The movement from labour demand curve D to D2 is a(n)__________ in labour demand,which could be the result of a(n)__________.

Quizplus · Accepted Answer

A decrease in demand for the industry's output will lead to a decrease in labour demand, as firms will need fewer workers to produce the same amount of output.

-Refer to the Diagram Above