A Shift in a Firm's Demand Curve for Labour Occurs

question 56

Multiple Choice

A shift in a firm's demand curve for labour occurs when there is a change in the

• A)wage rate.
• B)opportunity cost of labour.
• C)price of the output.
• D)working-age population.
• E)marginal cost of labour.

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Definitions:

Demographic Range

The distribution or spread of population characteristics such as age, income, or ethnicity within a specified geographic area.

Geographic Range

Geographic range refers to the spatial area over which a species is known to occur, encompassing its natural habitat and distribution limits.

Population

A group of individuals of the same species living in the same area at the same time, capable of interbreeding.

Horizontal Gene Transfer

The (nonsexual) lateral transfer of genetic material from one genome to another within a species or from one species to another species at any taxonomic level, including from a species in one domain to a species in another domain. Compare with vertical gene transfer.