Refer to the Diagram Below, Which Represents a Local Labor

question 17

Multiple Choice

refer to the diagram below, which represents a local labor market consisting of two submarkets. All workers are assumed to be identical.





-Assume that information is perfect,mobility between jobs is costless,and that all nonwage aspects of the two are identical.The outcome shown in the diagram:

• A)represents an equilibrium
• B)does not represent an equilibrium.The demand for labor in market A will shift rightward,and that in market B will shift leftward until wage rates equalize
• C)does not represent an equilibrium.The supply of labor in market A will shift leftward,and that in market B will shift rightward until the wage rates equalize
• D)does not represent an equilibrium.The supply of labor in market B will shift leftward,and that in market A will shift rightward until the wage rates equalize

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Definitions:

Nutritional Status

An assessment of the adequacy of nutrition and the body’s ability to absorb and utilize nutrients.

Osteomalacia

A softening of the bones due to vitamin D deficiency or impaired metabolism, leading to increased susceptibility to fractures.

Nutritional Status

An assessment of the body's health in terms of nutrient levels, diet, and physical health indicators, used to identify potential deficiencies or imbalances.

Widow

An individual whose spouse has died and who has not remarried.