Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
An increase in worker productivity due to new technology
B
A decrease in the minimum wage
C
A rise in consumer demand for a product
D
A significant increase in business taxes
E
Enhanced training programs leading to better-skilled workers
Understanding the Answer
Let's break down why this is correct
Answer
A rightward shift in the demand for labor means that employers want to hire more workers at every wage level. This can happen when there is an increase in demand for the goods or services that those workers produce. For example, if a new technology makes it easier to produce a popular product, companies may need more workers to keep up with the increased sales. Similarly, if a local economy grows and more businesses open, they will also require more employees, leading to greater demand for labor. Therefore, any scenario that boosts the need for goods or services will likely shift demand for labor to the right.
Detailed Explanation
Other options are incorrect because New technology can make workers more productive, but it doesn't always mean more workers are needed; Lowering the minimum wage might not increase demand for workers.
Key Concepts
Labor Demand Shifts
Productivity
Economic Growth
Topic
Understanding Labor Demand Shifts
Difficulty
easy level question
Cognitive Level
understand
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