-In the Above Figure, If the Wage Rate Fell Below

question 315

Multiple Choice

-In the above figure, if the wage rate fell below Wb, in the short run the firm would

• A) hire more workers.
• B) fire several workers.
• C) reduce its level of output.
• D) keep all its input levels the same as they were before.

---

Definitions:

Stop and Think

A cognitive strategy encouraging individuals to pause and consider their actions or decisions carefully before proceeding.

ADHD Symptoms

Indicators of Attention Deficit Hyperactivity Disorder, often including difficulty maintaining attention, hyperactivity, and impulsive behavior.

Diagnosis

The process of identifying a disease or condition by examining the symptoms, medical history, and often through diagnostic tests.

Six Months

A developmental milestone where notable physical and cognitive changes occur in infants, such as beginning to sit up unassisted or recognizing familiar faces.