When Individuals Are Debating Whether to Supply Labor,they Think About

question 60

Multiple Choice

When individuals are debating whether to supply labor,they think about all of the following except:

• A) the cost in terms of forgone leisure.
• B) the benefit of more income for each hour worked.
• C) whether the benefits outweigh the costs.
• D) the level of profits they bring to the firm.

---

Definitions:

Ligamentum Arteriosum

A small ligament that is a remnant of the ductus arteriosus, connecting the pulmonary artery to the descending aorta in the fetal circulation system.

Fossa Ovalis

The fossa ovalis is an anatomical feature of the heart, a depression in the right atrium wall, marking the spot where an opening, the foramen ovale, existed in the fetal heart.

Papillary Muscle

Muscles located in the ventricles of the heart, attaching to the cusps of the atrioventricular valves via chordae tendineae and preventing valve inversion.

Foramen Ovale

An opening in the septum between the right and left atria of the fetal heart, which normally closes shortly after birth.