acts as a substitute, it replaces the need for the number of workers an employer needs to hire. For

example, word processing decreased the number of typists needed in the workplace. This shifted

the demand curve for typists left. An increase in the availability of certain technologies may

increase the demand for labor. Technology that acts as a complement to labor will increase the

Technology

demand for certain types of labor, resulting in a rightward shift of the demand curve. For example,

the increased use of word processing and other software has increased the demand for information

technology professionals who can resolve software and hardware issues related to a firm’s

network. More and better technology will increase demand for skilled workers who know how to

use technology to enhance workplace productivity. Those workers who do not adapt to changes in

technology will experience a decrease in demand.
{"producer": "Prince 14.2 (www.princexml.com)", "uploaded_via": "batch_uploader", "title": "Principles of Microeconomics 3e", "file_type": ".pdf", "batch_upload": true, "file_name": "Microeconomics3e.pdf", "source": "downloads\\business\\economics\\Microeconomics3e.pdf", "moddate": "2022-12-07T14:23:05-06:00", "source_file": "downloads\\business\\economics\\Microeconomics3e.pdf", "total_pages": 597, "upload_timestamp": "2026-02-07T15:37:44.339247", "file_size_mb": 26.99, "file_hash": "830b81f41611ac67a490444dbb5d6aed292224606965b06965b914443c93331a", "creator": "PDFMiner", "creationdate": "2022-12-07T14:15:44-06:00"}