Which of the Following Events Could Increase the Demand for Labor

question 35

Multiple Choice

Which of the following events could increase the demand for labor?

• A) a decrease in output price.
• B) a decrease in the amount of capital available for workers to use.
• C) an increase in the marginal productivity of workers.
• D) All of the above are correct.

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Definitions:

Marketing Plan

A comprehensive document or blueprint that outlines a company's advertising and marketing efforts for the coming period.

Control Phase

The stage in a process where measures are applied to monitor and adjust the system's performance to ensure that it meets predetermined goals.

Implementing Phase

The stage in a project or strategy where planned actions are executed.

SWOT Analysis

A strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.