© 2010 Pearson Addison-Wesley Technology New technologies decrease the demand for some types of labor and increase the demand for other types. For exa
{"Image DocumentName": "The Demand for a Factor of Production", "Image ImageDescription": "Technology. New technologies decrease the demand for some types of labor and increase the demand for other types. For example, if a new automated bread-making machine becomes available, a bakery might install one of these machines and fire most of its workforce\u2014a decrease in the demand for bakery workers. But the firms that manufacture and service automated bread-making machines hire more labor, so there is an increase in the demand for this type of labor.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}