Which of the Following Is True of the Market for Labor

question 42

Multiple Choice

Which of the following is true of the market for labor?

• A) Workers are the suppliers of labor.
• B) Workers are the demanders of labor.
• C) The labor supply curve is perfectly elastic.
• D) The labor demand curve is perfectly elastic.

---

Definitions:

Provinces

Administrative divisions within a country, often possessing a certain level of governmental autonomy.

Family Law

A branch of law that deals with matters relating to family relationships, including marriage, divorce, child custody, and property distribution.

Lawyer-Client Relationship

A professional relationship based on trust and confidentiality, where a lawyer provides legal advice and representation to a client.

Decision-Maker

A person or entity authorized to make decisions, often within an organizational or judicial context.