If the Wage Rate Increases from $9 to $10 And,as

question 158

Multiple Choice

If the wage rate increases from $9 to $10 and,as a result,the quantity demanded of labor decreases from 400 workers to 350 workers,then the absolute value of the elasticity of demand for labor is

• A) 0.789.
• B) 2.300.
• C) 0.435.
• D) 1.267.
• E) 3.791.

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Definitions:

Psychophysiological Disorder

A condition where psychological stress adversely affects physiological functioning, leading to physical health problems.

Personality Style

An individual's characteristic patterns of thought, emotion, and behavior, together forming their unique personality.

Behavioral Changes

Modifications or adjustments in individual actions or reactions to better adapt to environmental or internal stimuli.

Social Support

The assistance and comfort provided by friends, family, and others, which can be emotional, informational, or tangible, contributing significantly to an individual's coping and well-being.