If the Supply of Labour Curve Is Upward Sloping but Not

question 24

Multiple Choice

If the supply of labour curve is upward sloping but not vertical,and if the value of marginal product of labour increases,

• A)the supply of labour increases.
• B)the wage rate rises.
• C)the marginal cost of production increases.
• D)the exploitation of workers decreases.
• E)employment is unchanged.

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Definitions:

Operational Definitions

Specifications of the procedures or operations used to measure or manipulate a variable in research, making the variable empirically testable.

Double-blind Procedures

are experimental protocols where neither the participants nor the experimenters know who is receiving the treatment versus the control condition, to reduce bias.

Random Assignment

A method used in experiments to place participants into groups in a way that each participant has an equal chance of being assigned to any group, ensuring unbiased distribution.

Naturalistic Observation

A research method where subjects are observed in their natural environment without any manipulation by the observer.