Choose the Statement That Is Incorrect

question 74

Multiple Choice

Choose the statement that is incorrect.

• A)Labour services are the physical and mental work effort that people supply to produce goods and services.
• B)A labour market is a collection of people and firms who trade labour services.
• C)The price of labour services is the wage rate.
• D)Most labour services are traded on a job contract.
• E)All labour markets are competitive.

---

Definitions:

Syllogism

A form of logical argument that applies deductive reasoning to arrive at a conclusion based on two or more propositions that are asserted or assumed to be true.

Family-Oriented Television Shows

TV programs designed to be suitable and entertaining for all ages, often emphasizing themes of family values and relationships.

Minor Premise

In a syllogism, the statement that provides a specific instance of the general statement made in the major premise leading to a conclusion.

Whales

Large marine mammals belonging to the order Cetacea, known for their intelligence, aquatic adaptation, and often large size.