Examlex

Solved

Which of the Following Would Increase the Demand for Labor

question 364

Multiple Choice

Which of the following would increase the demand for labor? (i)
A decrease in the output price
(ii)
An increase in the output price
(iii)
A labor-saving technological advance
(iv)
A labor-augmenting technological advance


Definitions:

Good Reputation

The positive perception of an entity (individual, organization, product) based on its actions, ethics, and performance.

Outrageous Conduct

Actions that are extremely offensive, shocking, or beyond the bounds of acceptable societal behavior.

Emotional Distress

A legal term for the mental anguish or suffering one endures as the result of another party's conduct, potentially actionable in personal injury claims.

Intent

The state of mind directing a person's actions towards a specific objective or goal, especially relevant in determining the legal implications of those actions.

Related Questions