Asked by
Rishika Asnani
on Nov 16, 2024
Verified
Technological advances can cause the labor demand curve to shift.
Labor Demand Curve
A curve representing the quantity of labor that employers wish to hire at different wage rates.
Technological Advances
Innovations and improvements in technology that enhance efficiency, productivity, or quality in goods and services.
- Comprehend the influence of technological progress on the efficiency of labor.
Verified Answer
AB
Learning Objectives
- Comprehend the influence of technological progress on the efficiency of labor.
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