Which of the Following Statements Is False

question 30

Multiple Choice

Which of the following statements is false?

• A)The higher the labor cost-total cost ratio, the higher the elasticity of demand for labor.
• B)The more substitutes for labor, the higher the elasticity of demand for labor.
• C)The higher the elasticity of demand for the product, the higher the elasticity of demand for the labor that produces the product.
• D)A change in the MFC of a factor leads to a change in the MRP of a factor.

---

Definitions:

American Culture

The set of customs, traditions, language, values, and social norms that characterize the United States of America and its people.

Facial-Feedback Hypothesis

The idea that the muscular movements involved in certain facial expressions produce the corresponding emotions (for example, smiling makes one feel happy).

Basic Emotion

Fundamental emotions that are universally experienced by humans, such as happiness, sadness, fear, and anger.

Facial Muscles

A group of skeletal muscles located beneath the facial skin, instrumental in expressing emotions and facilitating speech.