Answer:
The widespread availability of news on the web reduces the demand for newspaper workers.
Explanation:
Factors that can shift the demand curve for labor include: a change in the quantity demanded of the product that the labor produces; a change in the production process that uses more or less labor; and a change in government policy that affects the quantity of labor that firms wish to hire at a given wage.
Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.
Business and economics is basically the study of the production,distribution of resources to provide goods and services
This law will impact the labor market cause of low pay rate that will stop more people from applying for that job
