Which of the Following Would Shift a Market Labor Supply

question 398

Multiple Choice

Which of the following would shift a market labor supply curve to the right?

• A)an increase in the price of output
• B)an increase in immigration
• C)a labor-saving technological change
• D)a decrease in the wage rate

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Definitions:

Formal Hearing

A formal proceeding where evidence and arguments are presented, typically in a lawsuit or administrative process.

Alternative Dispute Resolution

A collection of processes such as mediation and arbitration used to resolve conflicts outside of traditional court litigation.

Negotiation

In regard to dispute settlement, a process in which parties attempt to settle their dispute without going to court, with or without attorneys to represent them. In regard to negotiable instruments, the transfer of an instrument in such a way that the transferee (the person to whom the instrument is transferred) becomes a holder.

Neutral Third Party

A third party without any interest or bias in the outcome of a negotiation, dispute, or legal matter, whose role is to assist in reaching a fair resolution.