How would each of the following likely affect the real wage and employment of unskilled workers on an automobile plant assembly line? a. Demand for the type of car made by the plant increases. p. A sharp increase in the price of gasoline causes many commuters to switch to public transportation. c. Because of alternative opportunities, people become less willing to do factory work. d. The plant management introduces new assembly-line methods e. Robots are introduced to do most basic assembly-line tasks.

How would each of the following likely affect the real wage and employment of unskilled workers on an automobile plant assembly line? a. Demand for the type of car made by the plant increases. p. A sharp increase in the price of gasoline causes many commuters to switch to public transportation. c. Because of alternative opportunities, people become less willing to do factory work. d. The plant management introduces new assembly-line methods e. Robots are introduced to do most basic assembly-line tasks.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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