If the Marginal Factor Cost Is Less Than Labor Demand,a

question 39

Multiple Choice

If the marginal factor cost is less than labor demand,a monopsonist should

• A)Reduce the wage rate.
• B)Hire additional workers.
• C)Increase the wage rate.
• D)Hire fewer workers.

---

Definitions:

Effortful Control

The ability to regulate one's emotions, attention, and behavior through effort, especially in challenging situations.

Emotional Reactivity

The extent to which an individual responds to stimuli or situations with emotional responses, such as anger, happiness, or sadness.

Conscience-Oriented Behavior

Actions guided by one's internal moral compass or sense of right and wrong.

Character Education

An educational approach that focuses on developing positive moral qualities and values such as honesty, kindness, responsibility, and respect in students.