Fiona's Hourly Wage Increases from $8 to $10

question 349

Multiple Choice

Fiona's hourly wage increases from $8 to $10. Which of the following describes a consequence of the increase in Fiona's wage?

• A)The opportunity cost of Fiona's leisure time has decreased.
• B)Fiona may choose to work fewer hours due to the increase in her wage.
• C)If Fiona's labor supply curve is upward sloping, she will choose to work fewer hours.
• D)Both a and b are correct.

Recognize the importance of maintaining job-search activities after securing a position.

Comprehend the reverse chronological layout for résumés.

Identify the characteristics of behavioral interviews.

Appreciate the significance of internships in job searches.

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Definitions:

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The political authority that governs an entire nation, typically consisting of legislative, executive, and judicial branches.

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A system of communication used by a particular community or country, comprising spoken words, written symbols, or gestures.

Law

A set of regulations established and implemented by societal or governmental bodies to control conduct.

Statutes

Laws enacted by the legislative branch of a government.