Answer to Question #71124 in Microeconomics for Nitish

Question

give two examples of events that could shift the demand for labor and explain why they do so

Answer 1

For example, an increase in the automation and mechanization of work processes, which will reduce the demand for labor, because work performed by people will now be performed by computers. A second example is the growth of the state's development, which will require the attraction of labor, thereby increasing demand for it.