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Tim repeatedly placed his pigeon in a cage, with birdseed just outside the cage door. The only way the pigeon could reach the birdseed was to peck a button fixed on one of the walls. This opened the door and allowed the pigeon to reach the seed. According to the law of effect, which of the following would most likely occur?
Labor Demand
This represents the total amount of workers that employers are willing and able to hire at a given wage rate in a given time period.
Unit Elastic
Describes a demand or supply that changes by an identical percentage as the price changes.
Health-care Industry Workers
Individuals employed within the health care sector, performing a wide range of roles aimed at providing health services to the population.
Rising Income Levels
An economic condition characterized by a general increase in the income received by individuals or populations over time.
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