Which of the Following Does NOT Cause a Shift in the Supply

question 210

Multiple Choice

Which of the following does NOT cause a shift in the supply curve of labor in an industry?

• A) Workers' tastes and preferences
• B) The population of the concerned region
• C) Opportunity costs faced by the workers
• D) The price of the final good that labor produces

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Definitions:

Delivery Service Revenue

Income earned from providing delivery services to customers, part of operating revenue for businesses in the delivery industry.

Packing Supplies

Materials used for wrapping or protecting goods during shipment or storage, recognized as part of inventory costs in business accounting.

Journal Entries

The recordation of financial transactions in a company’s accounting system that involves at least one debit and one credit entry.

Net Profit Margin

A financial ratio that shows the percentage of profit a company generates from its revenues.