If the Labor Supply Is Unchanged, an Increase in the Demand

question 24

Multiple Choice

If the labor supply is unchanged, an increase in the demand for labor will

• A)increase the equilibrium wage and decrease the number of workers employed.
• B)increase the equilibrium wage and increase the quantity of jobs demanded.
• C)decrease the equilibrium wage and increase the number of workers employed.
• D)increase the equilibrium wage and increase the number of workers employed.

---

Definitions:

Synthesized

Synthesized involves combining individual elements or components to form a complex product or substance, often used in the context of chemical compounds or biological elements.

True Hormones

Chemical substances produced in the body that travel through the bloodstream to signal organs and tissues to function or alter their activities.

Target Cells

Target cells refer to blood cells with a specific appearance under a microscope due to alterations in their membrane, often seen in conditions like iron deficiency anemia or thalassemia.

Receptors

Proteins on or within cells that bind to specific molecules, initiating a biological response.