Which Event Would Tend to Lead to an Increase in the Supply

question 168

Multiple Choice

Which event would tend to lead to an increase in the supply of labour

• A)The price of a firm's product increases.
• B)A country experiences an increase in immigrant labour.
• C)The wage rate increases.
• D)Technology makes workers more productive.

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Definitions:

Class 43

Class 43 is a category used in certain tax systems for specific types of assets that qualify for accelerated depreciation, often related to clean energy or energy-efficient equipment.

CCA Rate

The rate of capital cost allowance, which is the amount of depreciation that can be claimed for tax purposes in Canada.

WACC

The method known as Weighted Average Cost of Capital assesses a firm's cost of capital, with a proportional weighting applied to each segment of capital.

Net Investment Cost

The total cost associated with making an investment after subtracting any incentives or credits.