Which of the Following Would Shift a Market Labor Supply

question 398

Multiple Choice

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

• A)an increase in the price of output
• B)an increase in immigration
• C)a labor-saving technological change
• D)a decrease in the wage rate

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Definitions:

Native Language

A person's first language, also referred to as the mother tongue, which is the language learned from birth.

Universal Language

A hypothetical or actual language that is understood and can be used by all human beings for effective and inclusive communication.

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Preconceived opinion or bias against an individual or group without just grounds or before obtaining adequate knowledge.

Direct Foreign Investment

Investments made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.