If Wages a Firm Pays It Workers Increase, Then

question 162

Multiple Choice

If wages a firm pays it workers increase, then

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

---

Definitions:

Explicit Memories

Memories of specific facts and experiences that individuals can consciously know and declare.

Implicit Memories

Concerns memories that are unconsciously and automatically retrieved, influencing thoughts and behaviors without explicit awareness.

Spatial Memory

The ability to remember the location of objects, their arrangement in space, and navigate between locations.

Hippocampus

A region of the brain that is associated with the formation of new memories and is involved in learning and emotions.