Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Increase in technology that enhances productivity
B
Decrease in consumer demand for goods
C
Increase in minimum wage
D
Increase in the number of workers available
Understanding the Answer
Let's break down why this is correct
Answer
A shift in the labor demand curve to the right means that employers want to hire more workers at every wage level. One main factor that can cause this shift is an increase in the demand for goods or services produced by a business. For example, if a bakery becomes very popular and sells more bread, it will need to hire additional bakers and staff to keep up with the increased orders. This higher demand for bread leads the bakery to need more labor, shifting the labor demand curve to the right. Overall, when businesses expect to sell more, they are willing to hire more workers, which increases labor demand.
Detailed Explanation
When technology improves, workers can produce more in less time. Other options are incorrect because Some might think that less demand for goods means more workers are needed; It may seem that raising the minimum wage would create more jobs.
Key Concepts
labor demand
Topic
Understanding Labor Demand Shifts
Difficulty
easy level question
Cognitive Level
understand
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