Which of the Following Is NOT True About the Supply

question 31

Multiple Choice

Which of the following is NOT true about the supply of labor to the firm in a competitive labor market?

• A) It is horizontal.
• B) It is perfectly elastic.
• C) It is equal to the marginal expenditure curve.
• D) It is upward sloping.

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Definitions:

Metalinguistic

Pertaining to the awareness and understanding of linguistic components, including the ability to think about and analyze language.

Morpheme

The smallest grammatical unit in a language, carrying semantic meaning.

Phoneme

The smallest unit of sound in a language that can distinguish between meanings of words.

Syntactical Unit

A grouping of words that forms a coherent part of a sentence according to the rules of syntax, such as a phrase or clause.