Which Factor Is LEAST Likely to Shift the Labor Supply

question 145

Multiple Choice

Which factor is LEAST likely to shift the labor supply curve for web designers?

• A) increase in the productivity of web designers as a result of improved software
• B) decrease in the number of college students studying to be web designers
• C) improvement in nonwage aspects of web designing work
• D) increase in wages in alternative jobs that use similar skills as a web designer

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Definitions:

Behavior

The actions, conduct, or response of an individual or group towards stimuli or in various situations.

Worker Turnover

The rate at which workers exit an organization and are subsequently replaced by new employees.

Production Costs

The total expenses incurred in the manufacture of a product, including materials, labor, and overhead costs.

Human Resource Management

The strategic approach to the effective management of people in an organization, focusing on policies and systems to improve employee performance and satisfaction.