Electricians are employed in multiple industries in an economy.Given other things unchanged,an increase in the demand for electricians in the construction industry will lead to:
A)a reduction in the employment of electricians in other industries.
B)a reduction in the employment of plumbers and architects in the construction industry.
C)a downward sloping labor supply curve in the construction industry.
D)an decrease in the total number of electricians in the economy.

Question

Quizplus · Accepted Answer

An increase in demand for electricians in the construction industry will result in a shift of labor towards the construction industry, leading to a reduction in the employment of electricians in other industries. This is because electricians cannot be in two places at the same time, and there is a limited supply of electricians in the economy. Therefore, an increase in demand in one sector will cause a shift in supply towards that sector, reducing the employment of electricians in other industries.

Electricians Are Employed in Multiple Industries in an Economy