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:

Industrial Services

Services offered to businesses operating within industrial sectors, focusing on supporting production, efficiency, and operational needs.

Technical Nature

Refers to aspects or tasks that require specialized knowledge or skills, particularly in science, technology, engineering, and mathematics.

Organizational Buying

The decision-making process undertaken by organizations when purchasing products or services for operational needs, production, or resale.

Direct Selling

The marketing and selling of products directly to consumers away from a fixed retail location.