Figure 12-2 -The Demand D₁ and Short-Run Supply SSR of Accountants Is

question 194

Multiple Choice

Figure 12-2

-The demand D₁ and short-run supply SSR of accountants is indicated in Figure 12-2.Which of the following would most likely shift the demand for accountants from D₁ to D₂?

• A)an increase in the number of accounting majors in college
• B)enacting legislation that increases the complexity of personal and business tax returns
• C)high wages for accountants
• D)a reduction in the wages of bookkeepers,a substitute resource for accountants

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Definitions:

Expert Power

The influence one can exert over others due to special skills, knowledge, or expertise in a particular area.

Influence Tactics

Strategies or approaches used to persuade or direct others' behavior in order to achieve one's objectives.

Referent Power

A form of influence based on the ability to attract others and build loyalty through charisma, likability, or status.

Influence Tactics

Strategies or methods used by individuals to change the perception, opinion, or behavior of others to achieve a desired outcome.