Which of the Following Statements Is Correct

question 161

Multiple Choice

Which of the following statements is correct?

• A)An increase in the supply of other factors, such as capital, will increase the demand for labor.
• B)Labor-saving technology will increase the demand for labor.
• C)Labor-augmenting technology will decrease the demand for labor.
• D)A decrease in the price of output will increase the demand for labor.

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Definitions:

Mental Image

A representation of a sensory experience formed in the mind without the presence of external stimuli.

Physical Self

The aspect of an individual's self-concept related to physical appearance, strength, and health.

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A type of cancer that originates in the testicles, the male reproductive glands located in the scrotum.

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The stress or strain experienced by an individual when facing difficulty in fulfilling multiple roles in personal or professional life.