Consider the Labor Market for Computer Programmers

question 63

Multiple Choice

Consider the labor market for computer programmers. During the late 1990s, the value of the marginal product of all computer programmers increased dramatically. Holding all else equal, what effect did this process have on the labor market for computer programmers? The equilibrium wage

• A)increased, and the equilibrium quantity of labor increased.
• B)increased, and the equilibrium quantity of labor decreased.
• C)decreased, and the equilibrium quantity of labor increased.
• D)decreased, and the equilibrium quantity of labor decreased.

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Definitions:

Conflict Management Style

The approach individuals adopt to handle and resolve conflict, ranging from avoiding and accommodating to competing and collaborating.

Cooperativeness

A personality trait that reflects an individual's inclination to work together with others towards common goals or objectives.

Assertiveness

The quality of being self-assured and confident without being aggressive, in the expression of one's desires or rights.

Avoiding

A conflict management strategy where individuals ignore or stay away from confrontation.