In the Specific Factors Model,a 5% Increase in the Price

question 48

Multiple Choice

In the specific factors model,a 5% increase in the price of food accompanied by a 10% increase in the price of cloth will cause in the welfare of labor,in the welfare of the fixed factor in the production of food,and in the welfare of the fixed factor in the production of cloth.

• A)an ambiguous change; an increase; a decrease
• B)an increase; a decrease; an increase
• C)a decrease; an ambiguous change; an ambiguous change
• D)an ambiguous change; an ambiguous change; an ambiguous change
• E)an ambiguous change; a decrease; an increase

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Definitions:

Dysfunctional Turnovers

Occurs when an organization loses valuable employees who voluntarily leave, negatively impacting the organization’s performance and morale.

Counterdependence

A psychological behavior pattern in which a person rejects help or assistance from others, aiming to show independence and self-sufficiency.

Overdependence

Excessive reliance on someone or something, potentially leading to a lack of autonomy.

Insecure Patterns

Behavior patterns rooted in feelings of insecurity, leading to anxiety or avoidance in personal relationships or decision-making.