The Demand Curve for a Human Resource Will Be More

question 167

Multiple Choice

The demand curve for a human resource will be more elastic the

• A) more and better substitutes are available for it.
• B) more difficult it is to substitute other resources for it.
• C) more inelastic the demand for the product the resource is used to produce.
• D) shorter the time period under consideration.

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Definitions:

Evolutionary Psychology

A theoretical approach in the social and natural sciences that examines psychological structure from a modern evolutionary perspective, focusing on how evolutionary principles such as natural selection influence the development of adaptive psychological traits.

Genes Predispose

The genetic factors that increase the likelihood of developing certain diseases or characteristics.

Motivation

The method that starts, directs, and sustains actions aimed at achieving specific goals.

Energizes Behavior

Stimulates or motivates action, often enhancing activity levels and prompting engagement.