Answer the Question on the Basis of the Following Information

question 71

Multiple Choice

Answer the question on the basis of the following information.An economy is employing 2 units of capital,5 units of raw materials,and 8 units of labor to produce its total output of 640 units.Each unit of capital costs $10;each unit of raw materials,$4;and each unit of labor,$3. Refer to the information.If the per-unit price of raw materials rises from $4 to $8 and all else remains constant,the aggregate:

• A) supply curve would shift to the left.
• B) supply curve would shift to the right.
• C) demand curve would shift to the left.
• D) demand curve would shift to the right.

Identify the principles and techniques of employee and job management.

Comprehend the concept and applications of flexible working arrangements.

Recognize trends and changes in employee benefits and compensation strategies.

Understand the concept, process, and importance of exit interviews and involuntary turnovers.