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:

Esophagus

Muscular tube for moving swallowed food from the pharynx to the stomach.

Gallbladder

Organ attached to the liver that serves to store and concentrate bile.

Bile

Secretion of the liver that is temporarily stored and concentrated in the gallbladder before being released into the small intestine, where it emulsifies fat.

Stomach

In vertebrates, muscular sac that mixes food with gastric juices to form chyme, which enters the small intestine.