If Increased Capital Usage Reduces the Firm's Short-Run Demand for Labor,then

question 56

Multiple Choice

If increased capital usage reduces the firm's short-run demand for labor,then

• A) labor is a regressive factor.
• B) labor and capital are complements in production.
• C) labor and capital are substitutes in production.
• D) labor is a Giffen factor.

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Definitions:

Run-on Sentence

A grammatically faulty sentence in which two or more main clauses are joined without a conjunction or proper punctuation.

Independent Clauses

Phrases or sentence fragments that can independently represent complete ideas as they possess both a verb and a subject.

Direct Strategy

A communication approach that involves presenting the main idea or message at the beginning, followed by supporting details.

Dependent Clauses

Groups of words containing a subject and a verb but cannot stand alone as complete sentences.