Which of the Following Scenarios Would Serve to Decrease the Demand

question 506

Multiple Choice

Which of the following scenarios would serve to decrease the demand for unskilled labor in the U.S.?

• A)increased productivity gains among unskilled laborers
• B)increased demand for goods produced by unskilled laborers
• C)increased international trade with countries where unskilled labor is more plentiful
• D)increased supply of migrant workers

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Definitions:

Activity-Based Costing

A costing method that assigns costs to products or services based on the activities they require, aiming to provide more accurate information on product costing and profitability.

Equipment Depreciation

The process of allocating the cost of physical assets used in a business over their expected useful lives specifically for equipment.

Resource Consumption

The amount of raw materials, energy, or other resources used by an organization in its operational activities.

Time-Driven

A costing method or approach that allocates costs based on the actual time required to perform a process or activity.