Consider Two Labor Markets,C and D

question 67

Multiple Choice

Consider two labor markets,C and D.Wages in labor market D fall.This could be due to

• A) the marginal revenue curve in the product market (that employees in labor market D supply with goods) shifts to the left.
• B) increase in the marginal physical product of the employees in labor market D.
• C) increase in the price and marginal revenue of the product that employees in labor market D produce.
• D) b and c
• E) a, b, and c

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Definitions:

Financial Performance

An assessment of how well a company can use assets from its primary mode of business and generate revenues.

ROE

Return on Equity; a financial ratio indicating the profitability of a company in relation to its equity capital.

EPS

Earnings Per Share; a metric that indicates the portion of a company's profit allocated to each outstanding share of common stock.

Financial Risk

The possibility of losing money on an investment or business venture, including the risk of losing some or all of the original investment.