Refer to Figure 31

question 64

Multiple Choice

Refer to Figure 31.3 for a competitive labor market. A shift in labor supply from S₁ to S₂ could be caused by:.

• A) An increase in the wage rate.
• B) The unionization of another labor market.
• C) An increase in the price of the product being produced.
• D) An increase in the price of machinery used in the production of the product.

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Definitions:

Galvanic Skin Response

A method of measuring the electrical conductance of the skin, which varies with its moisture level, used as an indicator of psychological or physiological arousal.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.

Brain Activity

The electrical or biochemical actions that occur within the brain as it processes information, usually measured through various neuroimaging techniques.

Electroencephalogram

A diagnostic method that measures the electrical activity of the brain using electrodes attached to the scalp.