Technological advancements in manufacturing has made labor demand for factory workers:_______a. perfectly elastic. b. perfectly inelastic. c. more elastic. d. less elastic.

Respuesta :

Technological advancements in manufacturing have made labor demand factory workers more elastic. Thus the correct answer is C.

What is a factory?

A factory is refer to the place where the manufacturing of goods will be done with the help of raw materials and machines as equipment and assemble the goods for distribution in the market.

Technological advancement refers to the introduction of new tools and technology into the process for smooth operations which leads to making more elastic labor demand for workers in the factory.

Here the elasticity of workers' demand is defined with the reference to changes in technology.

Therefore, option C is appropriate.

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