Which of the Following Events Could Increase the Demand for Labor

question 35

Multiple Choice

Which of the following events could increase the demand for labor?

• A) a decrease in output price.
• B) a decrease in the amount of capital available for workers to use.
• C) an increase in the marginal productivity of workers.
• D) All of the above are correct.

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Definitions:

Intoxicated

A condition of being under the influence of alcohol or drugs to a degree that impairs a person's physical and cognitive functions.

Void

A void agreement or contract has no legal effect, thus it's as if it never existed due to illegality or impossibility.

Standard of Living

The degree of wealth, comfort, material goods, and necessities available to a person, community, or nation.

Utilities

Basic services such as water, electricity, gas, and telecommunications that are essential for households and businesses.