If the Price of Capital Falls,in the Long Run Under

question 160

Multiple Choice

If the price of capital falls,in the long run under what circumstance could the demand for labor increase?

• A) The demand for labor can never increase when the price of capital falls.
• B) The demand for labor will always increase when the price of capital falls.
• C) It increases if the scale of production increases enough.
• D) It increases if the demand for labor is inelastic.
• E) None of the above answers is correct.

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Definitions:

Conflict Management

The practice of recognizing and dealing with disputes in a rational, balanced and effective way.

Compromising Style

A conflict resolution strategy that entails finding a middle ground or mutual concession between conflicting parties.

Conflict Management

refers to the process of identifying and addressing differences that could escalate into a dispute, employing strategies to resolve them in a constructive manner.

Realistic Group Conflict Theory

A theory suggesting that intergroup conflicts arise from competition over scarce resources, leading to prejudice and discrimination.