All of These Would Cause a Rightward Shift in the Labor

question 331

Multiple Choice

All of these would cause a rightward shift in the labor demand curve EXCEPT a(n)

• A) increase in the demand for Chevrolets.
• B) increase in the use of capital.
• C) decrease in the price of other inputs.
• D) increase in the population of Texas.

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Definitions:

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Individuals who start and operate new businesses, taking on financial risks in the hope of profit.

Start-Ups

Newly formed firms that are attempting to pioneer a new product or production method.

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Sectors of the economy that provide intangible goods or services to consumers, such as healthcare, education, and leisure activities.