Which of the Following Events Would Shift the Labor Supply

question 105

Multiple Choice

Which of the following events would shift the labor supply curve?

• A)changes in the number of women willing to work
• B)immigration of workers
• C)changing attitudes towards work
• D)All of the above are correct.

---

Definitions:

Fully Depreciated

A status of an asset whose entire cost has been expensed with respect to depreciation, leaving its book value at zero except for salvage value, if any.

Excess Capacity

A situation where a company can produce more goods or services than currently demanded by its market.

Unit Variable Cost

The variable cost associated with producing one unit of a product, including materials, labor, and other costs that vary with production volume.

Special Unit Price

A unique price offered for a product or service, typically different from the standard pricing.