1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Taya2010 [7]
3 years ago
15

Technology can either shift the labor demand to the right or to the left, depending on its effect on the marginal product of lab

or. If we find that technology has shifted the labor demand to the left, this is a(n) ______________ to labor.
Business
2 answers:
zavuch27 [327]3 years ago
4 0

Answer:

If we find out that technology has shifted the labor demand to the left, this is a disadvantage to labor.

Explanation:

To begin with, It's important to properly understand the concept of Marginal Product of Labour.

In simple terms, marginal product of labor is basically the change in unit output occasioned by a unit change in labor. There are a number of factors that may cause a marginal change in labor. Suffix to say, marginal change can either be to the right or to the left.

To narrow it down, we have technology to consider as one of the factors that ensue marginal change. Even more, this change can either be to the right or left. That is, an increase in technology might result to an increase in unit labour - this is to the right. And this is beneficial or advantageous to labor. In same vein, a increase in technology might result to a decrease in unit labour - this is to the left. And this is disadvantageous to labor.

It's on established record that introduction of new technologies, procedures and processes often have a direct effect on an individual employee. This altogether affects the marginal product in labour.

Hence, when technology brings changes to the left, this is a disadvantage to labour, as there is possibly a downsizing or reduction in labor strengths occasioned by the new technologies.

viktelen [127]3 years ago
4 0

Answer:

If technology shift labour demand to the left, this is a decrease to labor.

Explanation:

Marginal productivity of labor is the change in output of a firm as a result of an additional units of labor.

Shift in demand for labor could be as a result of

1) Price of other factors of production such as land or capital.

2) Price of the firm's output.

3) Change in technology.

Technology helps to increase output in a firm.

A change in technology may either shift demand for labor to the right or to the left.

A shift to the right is implies an increase in the marginal productivity of labor.

A shift to the left implies a decrease in the marginal productivity of labor.

This means that less labor Will be required.

You might be interested in
To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided int
MAVERICK [17]

The correct answer is Only (A) and (C) are true

Explanation:

In a study or research, the control group is the one that does not receive a treatment. This means, in this case, the control group includes those who only drink the green tea without the herbs because they serve as a standard to measure the effects of the herbs. This makes statement A (The "only green tea" group serves as the control group) true; also, the group receiving the herbs is the experimental group.

On the other hand, a double-blind study is one in which the researchers and the participants ignore who is receiving the treatment, which guarantees there is objectivity. This occurs in the study presented because neither the researcher nor the subjects known who received the herbal mix. Thus, statement C (This study is double-blind) is true.

Finally, a study is classified as observational if there is not intervention but the researchers just observe participants to study a phenomenon. This does not occur in the study presented because there is an intervention through the herbal treatment, and therefore the study is not observational.

3 0
4 years ago
What is the target of SEO service?
Fiesta28 [93]
Increase its visibility in search results on search engines
5 0
3 years ago
Equity financing (or funding) means ________.
Zanzabum

Answer:

A) exchanging partial ownership in a firm

Explanation:

Equity is the basic source of fund for any corporation, it the most initial phase in which equity is issued in exchange of a share of ownership in the company. For this the equity holder pays money to the company.

In this manner there is an ownership distributed for the share of money needed by the company.

This does not involve any statutory return payment on behalf of company in later future. As against it in case of loan, it needs to be repaid.

Equity form of funds do not demand any repayment.

7 0
3 years ago
Besides the actual mortgage payment, which also factors into the monthly payment on a home?
Maurinko [17]

It is the property taxes that go along with the mortgage monthly payment

So the answer is C: Property taxes

The lender will generally set up an escrow account to cover for the property taxes and pay these items on your behalf when they are due

6 0
3 years ago
The student-run newspaper asks students to visit a web page and respond to questions regarding a proposed tuition increase. Only
disa [49]

Answer:

C) both anonymous and confidential

Explanation:

  • As the student-run, the new paper and ask other students to visit a link firm the new paper and respond to those questions and the responses for only those questions were recorded.  
  • This indicates that the newspaper survey is anonymous and confidential as the ant student can fill the survey and the information that is confidential as none outside the newspaper has access to those responses.
6 0
3 years ago
Other questions:
  • 1. Does the selected business have differentiated products or services? If so, what is the basis for this differentiation from t
    13·1 answer
  • Last week stephanie quit her job as a copywriter at an advertising agency. she has spent the past few days browsing the help wan
    7·1 answer
  • Stock A's beta is 1.5 and Stock B's beta is 0.5. Which of the following statements must be true, assuming the CAPM is correct. a
    6·1 answer
  • At year​ end, Economy Automotive​ Company's balance sheet showed total assets of​ $60 million, total liabilities​ (including pre
    12·1 answer
  • Marginal analysis studies how individuals decide: a. whether to go to college. b. whether to live on the margin of society. c. h
    13·1 answer
  • Describe the advantages and disadvantages of using a certificate of deposit (cd) to save money.
    15·1 answer
  • Trout Company is considering introducing a new line of pagers targeting the preteen population. Trout believes that if the pager
    14·2 answers
  • John Fillmore’s lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritan
    10·1 answer
  • In your own words, what are the strengths and
    11·1 answer
  • Who is responsible for governing a condominium?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!