What Will an Increase in Wage Rates Cause in the Short

question 27

Multiple Choice

What will an increase in wage rates cause in the short run?

• A) an increase in MC, AVC, and ATC
• B) an increase in AVC and a decrease in AFC
• C) an increase in MC and ATC
• D) an increase in both MC and AVC

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Definitions:

Jejunum

The middle section of the small intestine between the duodenum and ileum, where the absorption of nutrients continues.

Ileum

The third and final section of the small intestine, where most of the nutrients from digested food are absorbed.

Glucose

A simple sugar that serves as a primary source of energy for living organisms, especially important in cellular respiration and blood sugar regulation.

Monosaccharides

Simple sugars that are the most basic form of carbohydrates, serving as an essential energy source for cells.