The Change in the Quantity of Labor Demanded Resulting from a Change

question 14

Multiple Choice

The change in the quantity of labor demanded resulting from a change in the relative cost of labor is known as the ________ effect.

• A) input-substitution
• B) price elasticity
• C) output
• D) derived demand

---

Definitions:

Eyewitness Events

Incidents or occurrences directly observed by an individual, often discussed in the context of legal justice to assess their reliability and accuracy.

Eyewitness Memory

The recall by individuals of events they have witnessed, significant in legal contexts but known for its potential for inaccuracy and susceptibility to suggestion.

Prone to Error

Having a higher likelihood or tendency to make mistakes or inaccuracies.

Questioning

The act of asking questions to seek information, understand, or challenge.