Which of the Following Is Most Likely to Affect the Supply

question 268

Multiple Choice

Which of the following is most likely to affect the supply of labor in any particular industry?

• A)the size of the available working population 
• B)the nonmonetary attractiveness of the job 
• C)the amount of ability and training necessary to enter the job 
• D)all of the above

Recognize the difference between tangible and intangible assets.

Understand the use and purpose of a work sheet in the accounting process.

Identify the steps and purposes of the closing entries in accounting.

Recognize the use and implications of reversing entries.

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Definitions:

Discriminatory Employers

Employers who unfairly treat employees or potential employees differently based on personal characteristics unrelated to job performance.

Costs

Costs refer to the expenditure incurred by businesses to produce goods or services, including materials, labor, and overhead expenses.

Quintile Distribution

A statistical measure dividing a population into five equal groups according to a particular variable, such as income or wealth.