Which of the Following Would Shift a Market Labor Supply

question 1

Multiple Choice

Which of the following would shift a market labor supply curve to the left?

• A) an increase in the wage paid to workers in a competing market
• B) labor-augmenting technology
• C) a change in worker tastes so that workers want to retire later
• D) a decrease in the supply of other factors such as capital

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Definitions:

Model

In science and engineering, a model is an abstract representation meant to study, simulate, or explain the behavior of real systems or phenomena.

Discriminative Stimulus

A stimulus in the presence of which a particular response will be reinforced, used in behavioral psychology to study learning and conditioning.

Response-Outcome Relations

The understanding or concept in psychology that focuses on how actions (responses) are connected to their consequences (outcomes).

Species-Specific Predispositions

Innate behavioral tendencies or characteristics that are unique to particular species, influencing their ability to learn or react in specific ways.