Use the graph to answer the question that follows. Based on the graph, which of the following factors can cause the market labor demand curve in the automotive industry to shift from D1 to D2? A-A decrease in the human capital of automotive workers B-An increase in the cost of robotics used as a labor substitute C-An increase in immigration from foreign countries D-An increase in the wage rate of automotive workers E-A decrease in the marginal revenue product of labor

Economics Today and Tomorrow, Student Edition
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ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
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Problem 19AA
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Use the graph to answer the question that follows.

Based on the graph, which of the following factors can cause the market labor demand curve in the automotive industry to shift from D1 to D2?

A-A decrease in the human capital of automotive workers 

B-An increase in the cost of robotics used as a labor substitute

C-An increase in immigration from foreign countries

D-An increase in the wage rate of automotive workers

E-A decrease in the marginal revenue product of labor

Automotive Industry
D,
D,
Quantity
(labor)
Wage Rate ($)
Transcribed Image Text:Automotive Industry D, D, Quantity (labor) Wage Rate ($)
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