When Examining the Labor Market in the Short Run, Which

question 84

Multiple Choice

When examining the labor market in the short run, which of the following is assumed to be constant?

• A) marginal productivity of labor
• B) quantity of capital
• C) the wage rate
• D) labor supply

---

Definitions:

Substrates

In biochemistry, substrates are the specific substances on which an enzyme acts to catalyze a chemical reaction, often converted into products.

Triglycerides

A type of fat found in your blood, used by the body for energy and considered an important measure of heart health.

Monosaccharides

Simple sugars, such as glucose and fructose, which are basic building blocks of carbohydrates and cannot be hydrolyzed to smaller molecules.

Activation Energy

The minimum amount of energy required to start a chemical reaction.