Solved

If a Firm Introduces Technology That Substitutes Capital for Labor,________

Question 98

Multiple Choice

If a firm introduces technology that substitutes capital for labor,________ the labor demand curve of the firm,assuming all else equal.


A) there will be a right shift of
B) there will be a left shift of
C) there will be a downward movement along
D) there will be an upward movement along

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents