Robert is a technology officer in an Umerian firm and he manages the firm's operations at its facility in Elador. Robert is considering the idea of installing new technology in the facility that would significantly improve productivity and reduce labor costs. Which of the following undermines the argument that Robert should install the new technology? A) Elador's government leaders encourage firms to install the most modern machinery available. B) The high school graduation rate in Elador is higher than in neighboring countries. C) Elador is currently experiencing a very high rate of unemployment. D) The firm's competitors recently installed the same technology

B) The high school graduation rate in Elador is higher than in neighboring countries.

Explanation:

The new technology that Robert wants to install at Elador is supposed to improve productivity and reduce labor but if the technology is installed, it may cause unemployment in Elador because of the high rate of high school graduates in Elador.

The high school graduates would have lesser chance of finding employment if the technology that improves productivity and reduces labor is installed. Because machine would replace tasks that humans could have done, there would be no need to employ human labor thereby increasing unemployment rates.

answer; organization;

answer///supply is elastic, and demand is inelastic;