A Shift in a Firm's Demand Curve for Labour Occurs

question 2

Multiple Choice

A shift in a firm's demand curve for labour occurs for all of the following reasons except a change in

• A)the prices of other factors of production.
• B)technology.
• C)the price of the firm's output.
• D)wage rate.
• E)marginal product of labour.

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Definitions:

White-Collar Jobs

Positions that typically involve clerical, administrative, or managerial work, often in an office setting and requiring formal education.

Piece-Rate Jobs

Employment where workers are paid based on the number of units they produce or tasks they complete rather than hours worked.

Pay Policies

Company guidelines that dictate how employees are compensated, including salaries, bonuses, raises, and pay scales.

Human Resource Tools

Are software and systems used to manage employee information, recruitment, training, performance, and other HR functions.