passwella.
Menu

JAMB Economics 2008 Question 21

Question 21

Labour Market

The use of modern weaving machines in the production of local fabric will result in

  1. A.an increase in the demand for labour
  2. B.a decrease in the demand for labour
  3. C.an increase in wages
  4. D.a decrease in wages
Show the answer and explanation

Answer: B (a decrease in the demand for labour)

Explanation

Machines take over work done by hand, so fewer workers are needed.