Which of the Following Would Increase the Demand for Labor

question 245

Multiple Choice

Which of the following would increase the demand for labor?
(i) a decrease in the output price
(ii) an increase in the output price
(iii) a labor-saving technological advance
(iv) a labor-augmenting technological advance

• A)(i) only
• B)(i) and (iii) only
• C)(ii) only
• D)(ii) and (iv) only

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Definitions:

Access Right

The privilege or ability to enter, retrieve, or make use of data or facilities.

Ethical Decision-Making Model

A structured approach to ensure decisions are made in a morally and ethically sound manner, considering all stakeholders involved.

Autonomy

The capacity to make an informed, uncoerced decision; in ethical and political philosophy, autonomy is often considered a fundamental right.

Beneficence

This is the ethical principle that guides actions aimed at doing good or benefiting others, commonly referenced in healthcare and research ethics.