The year is 2034. In many occupations, robots are replacing humans. As it turns out, robots make very good engineers, but very poor guidance counselors
Assuming the other determinants of demand for the two services are roughly similac you would expect the demand for human guidance counselors to be ________ than the demand for human engineers.
One factor that affects the elasticity of demand for labor is the elasticity of demand for the product itself.
The price elasticity of demand for a product, the lower _____ the elasticity of demand for labor