Dr. Kay, in Wonderland, has invented a robot that can provide legal advice and s
ID: 2813839 • Letter: D
Question
Dr. Kay, in Wonderland, has invented a robot that can provide legal advice and service to people. This robot will be mass-produced soon in Wonderland. What would happen to the pay of lawyers in this area? Assume that the number of people needing legal advice and service in this area will remain the same. 1) The demand for lawyers will decrease, 2) shifts the demand curve to the right, 3) and the pay level of lawyers will decrease. 1) The demand for lawyers will decrease, 2) shifts the demand curve to the right, 3) and the pay level of lawyers will increase. 1) The demand for lawyers will decrease, 2) shifts the demand curve to the left, 3) and the pay level of lawyers will decrease. 1) The demand for lawyers will decrease, 2) shifts the demand curve to the left, 3) and the pay level of lawyers will increase.
Explanation / Answer
The demand for lawyers will decrease, 2) shifts the demand curve to the left, 3) and the pay level of lawyers will decrease
Due to the invesntion of the robot, there will be lesser demand for the lawyers. This means that the demand curve will shift to the left implying lesser demand at all prices. Due to lesser demand and assuming that the supply remains the same, the pay level of lawyers will decrease.
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