Other Things Constant, If the Demand for Computer Scientists Rises

question 69

Multiple Choice

Other things constant, if the demand for computer scientists rises,

• A) the wages of computer scientists will tend to fall.
• B) employment of computer scientists will tend to rise.
• C) there will be a surplus of computer scientists.
• D) there will be a shortage of computer scientists.

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Definitions:

Activity-Based Costing

An accounting method that identifies and assigns costs to overhead activities and then assigns those costs to products.

Activity-Based Costing

A costing method that assigns overhead and indirect costs to related products and services based on the actual consumption of each.

Activity-Based Costing

A costing methodology that assigns costs to products or services based on the activities and resources that go into their production or provision, aiming for more accurate cost allocation.

Batch Setup

The process of preparing machines and equipment for a specific batch of production, including adjustments and calibrations.