If the Wages a Firm Pays It Workers Increase Then

question 132

Multiple Choice

If the wages a firm pays it workers increase then

• A) the firm's long- run average cost curve does not shift and there is no movement along the long- run average cost curve.
• B) the firm moves rightward along its long- run average cost curve but not necessarily to where it has diseconomies of scale.
• C) the firm moves rightward along its long- run average cost curve to where it has diseconomies of scale.
• D) the firm's long- run average cost curve shifts upward.

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Definitions:

Behavioral Sciences

The study of human and animal behavior through observation and scientific analysis, including fields like psychology, anthropology, and cognitive science.

Organizational Behavior

The study of how individuals and groups interact within an organization and how this affects the organization’s performance and culture.

Political Science

The study of government systems, political activities, political thoughts, and political behavior.

Quality Of Work Life

The degree to which employees perceive their occupational environment as favorable or enjoyable, often relating to job satisfaction, work conditions, and overall wellbeing.