A Slump in One Industry Could Increase the Relative Attractiveness

question 142

Multiple Choice

A slump in one industry could increase the relative attractiveness of another industry:

• A) increasing the quantity of labor supplied in the latter.
• B) decreasing the quantity of labor supplied in the latter.
• C) increasing the quantity of labor demanded in the latter.
• D) decreasing the quantity of labor demanded in the latter.

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Definitions:

Venture Capitalists

Investors who provide capital to start-up companies and small businesses with perceived long-term growth potential.

Pension Funds

Pooled monetary contributions from different individuals or entities to invest in securities, designed to generate future retirement income for participants.

Long-Term Investors

Individuals or entities that hold investments for an extended period, typically with the aim of achieving long-term objectives.

Exit Strategy

An exit strategy is a planned approach to withdraw from a business, investment, or situation to secure profit or minimize loss.