When W/r Falls,L/K

question 6

Multiple Choice

When w/r falls,L/K

• A)falls in the production of both commodities
• B)rises in the production of both commodities
• C)can rise or fall
• D)is not affected

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Environmental Factor

An external influence that affects an organization’s operations, including economic, legal, technological, and competitive elements.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in our daily lives, through the use of tools, machines, systems, and processes.

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The percentage of the labor force that is jobless and actively seeking employment.