An Increase in the Supply of Labour

question 39

Multiple Choice

An increase in the supply of labour

• A) increases the value of the marginal product of labour and decreases the wage.
• B) decreases the value of the marginal product of labour and decreases the wage.
• C) decreases the value of the marginal product of labour and increases the wage.
• D) increases the value of the marginal product of labour and increases the wage.

---

Definitions:

Peers

Individuals of the same age or stage of development, often considered equals and sharing similar interests or social status.

Proximity Maintenance

One of three purposes of the attachment system. Bonds between infant and caregiver encourage and sustain physical closeness.

Partner Selection

The process of choosing a significant other or mate, often based on various factors such as personal preferences, compatibility, societal expectations, etc.

Secure Individuals

People who display confidence and self-assurance, often as a result of stable attachments and positive relationships.