Which of the Following Would Shift the Supply of Labor

question 54

Multiple Choice

Which of the following would shift the supply of labor to the right?

• A) A decrease in population.
• B) A decrease in immigration.
• C) A decrease in non-wage income.
• D) A decrease in the quality of on-the-job amenities.

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Definitions:

Continuous-process Production

A manufacturing workflow that produces goods continuously rather than in separate batches, often used in chemical, food, and refining industries.

Petroleum Products

Products made from crude oil through the refining process, including gasoline, diesel, asphalt, and synthetic materials.

Mass Production

The manufacturing of large quantities of standardized products, often using assembly lines or automated technology.

Competitive Advantage

A condition or position that allows a company or country to produce goods or services of equal value at a lower price or in a more desirable fashion than competitors.