Use the Following to Answer Question

question 304

Multiple Choice

Use the following to answer question:
Figure: Equilibrium in the Labor Market
-(Figure: Equilibrium in the Labor Market) Use Figure: Equilibrium in the Labor Market.In the figure,a decrease in the price of the good produced,when everything else stays the same,will lead to a(n) _____ in the equilibrium quantity of labor and a(n) _____ in the equilibrium price of labor.

• A)increase;increase
• B)decrease;increase
• C)increase;decrease
• D)decrease;decrease

---

Definitions:

Workforce Diversity

Refers to a variety of differences among people in an organization, encompassing race, gender, age, religion, sexual orientation, and other dimensions.

Applied Sociology

The practice of using sociological principles, theories, and research to solve social problems and improve society.

Social Problems

Issues within a society that are viewed as undesirable, harmful, or disturbing to community members or the society at large.

Communities

Groups of people living together in a shared environment, sharing common interests, cultures, or identities.