Consider a Labor Market in Equilibrium

question 57

Multiple Choice

Consider a labor market in equilibrium. If the demand curve shifts to the left while the supply curve shifts to the left, then the number of workers hired in the market will ________.

• A) increase
• B) decrease
• C) remain unchanged
• D) either increase or decrease or remain unchanged

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Definitions:

Fixed-Ratio Schedule

A reinforcement schedule in behaviorism where a response is reinforced only after a specified number of responses.

Reinforcement Schedule

A rule or plan that outlines how often a behavior will be reinforced, crucial in the field of behavioral psychology to shape or modify behaviors.

Dress Factory

A manufacturing facility where dresses are produced in large quantities.

Discriminative Stimulus

A stimulus in the presence of which a particular response is more likely to be reinforced, and in the absence of which a response is not reinforced.