Which of the Following Would Shift a Market Labor Supply

question 398

Multiple Choice

Which of the following would shift a market labor supply curve to the right?

• A)an increase in the price of output
• B)an increase in immigration
• C)a labor-saving technological change
• D)a decrease in the wage rate

---

Definitions:

Straight-Line Method

A depreciation method that allocates an equal amount of depreciation expense for an asset over its useful life.

Discount Rate

The interest rate used to discount future cash flows to present value, often in investment and finance calculations.

Net Present Value

A calculation that compares the present value of cash inflows to the present value of cash outflows over a period of time to evaluate an investment.

Depreciable Equipment

Tangible assets used in business operations whose cost is allocated over its useful life due to wear and tear, obsolescence, or decay.