Question: Which does NOT explain the relationship between labor and incentives for investment in capital? In regions where wages are high, businesses tend to use machinery
Which does NOT explain the relationship between labor and incentives for investment in capital? In regions where wages are high, businesses tend to use machinery instead of workers. Technology leads to the end of some jobs and the birth of others. The rise of robots removes the need to hire high-skilled workers. New technology increases more jobs in a technologically advanced labor market
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