As the Price of a Resource (E.g., Labor)decreases

question 158

Multiple Choice

As the price of a resource (e.g., labor) decreases,

• A)demand for that resource increases
• B)the quantity demanded of that resource decreases
• C)the supply of that resource increases
• D)producers are more willing and able to hire that resource
• E)producers are less willing and able to hire that resource

---

Definitions:

Shock

A sudden, often negative, emotional or physiological response to an unexpected event.

Negative News

Information or messages that convey unfavorable, bad, or depressing information, often requiring careful communication to minimize negative reactions.

Negative Messages

Communications that convey unfavorable, adverse, or otherwise negative information to the recipient.

Optimism

The tendency to maintain a positive outlook, expecting the best possible outcome in any given situation.