When the demand for skilled labor increases, _____________________.
the demand curve would shift to the right
the demand curve would shift to the left
the supply curve would shift to the right
the supply curve would shift to the left

Question

16-06-2022
Business

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When the demand for skilled labor increases, _____________________.
the demand curve would shift to the right
the demand curve would shift to the left
the supply curve would shift to the right
the supply curve would shift to the left

Respuesta :

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monikachinwaal55 monikachinwaal55 · Answer 1 · 2022-06-25T16:44:46+02:00

The correct option is A). the demand curve would shift to the right.

What happens when the demand for skilled labor increases?

When the demand for skilled labor get increases, the demand curve would shift to the right.

As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.

If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.

Learn more about demand for skilled labor here:-

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When the demand for skilled labor increases, _____________________. the demand curve would shift to the right the demand curve would shift to the left the supply curve would shift to the right the supply curve would shift to the left

Respuesta :

What happens when the demand for skilled labor increases?

Otras preguntas

When the demand for skilled labor increases, _____________________.
the demand curve would shift to the right
the demand curve would shift to the left
the supply curve would shift to the right
the supply curve would shift to the left