Which of the Following May Shift the Labor Demand Curve

question 38

Multiple Choice

Which of the following may shift the labor demand curve?

• A) an increase in the value of leisure
• B) more people entering the labor force
• C) an increase in the value of output that firms produce
• D) a decrease in the value of leisure

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Definitions:

Entrepreneurial Activities

Initiatives undertaken by individuals to launch, develop, and manage a business venture along with its risks in order to make a profit.

Ethical Business Practices

Ethical Business Practices are actions and policies that are considered morally right and beneficial for society, including fair treatment of employees, transparency, and environmental stewardship.

Creative Product Development

The process of generating and developing new ideas, concepts, or products that offer innovative solutions or satisfy market needs.

Strategic Leadership

Strategic leadership enthuses people to continuously change, refine and improve strategies and their implementation.