Other things remaining the same,if an industry introduces labor-complementary technology in production,the demand curve for labor in that industry is likely to ________.

Question

Quizplus · Accepted Answer

When an industry introduces labor-complementary technology, it means that the technology enhances the productivity of labor, making workers more efficient. As a result, the demand for labor increases because each worker can now produce more, leading to a rightward shift in the labor demand curve.

Other Things Remaining the Same,if an Industry Introduces Labor-Complementary Technology