In coming years, high-tech growth areas such as computers, biotechnology, and robots are likely to experience a:
A) surplus of labor.
B) significant decline in market demand, leading to a stagnant labor market.
C) shortage of skilled labor.
D) stable equilibrium in the labor market.

Question

Quizplus · Accepted Answer

High-tech growth areas require specialized skills and knowledge, and as technology advances, the demand for skilled labor in these areas is likely to increase. This will result in a shortage of skilled labor as the supply struggles to keep up with the demand.

In Coming Years, High-Tech Growth Areas Such as Computers, Biotechnology