The Demand Curve for Labour Is Also

question 148

Multiple Choice

The demand curve for labour is also

• A)the demand curve for the output produced with labour since the demand for labour is a derived demand.
• B)the marginal product of labour curve.
• C)the marginal revenue product of labour curve.
• D)the supply curve for the output labour is used to produce.

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Definitions:

Law of Contingent Reinforcement

This law states that the effectiveness of a reward or punishment in influencing future behavior is contingent upon the behavior being directly linked to the reward or punishment.

Desired Behaviour

The specific actions or reactions that are sought after in a particular context, often influenced by goals or expectations.

Enhancement Value

The additional value created through measures that improve the quality, performance, or perception of a product, service, or experience.

Shaping

Positive reinforcement of successive approximations to the desired behaviour.