If the Workers of a Firm Successfully Negotiate an Increase

question 131

Multiple Choice

If the workers of a firm successfully negotiate an increase in wages,which of the following is most likely to happen?

• A) The demand curve for the product the firm produces shifts rightward.
• B) The demand curve for the product the firm produces shifts leftward.
• C) The supply curve of the product the firm produces shifts rightward.
• D) The supply curve of the product the firm produces shifts leftward.

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Definitions:

Proximate Cause

A legal concept that establishes the actual cause of an event or damage, linking the defendant's actions to the consequences directly.

Causation Elements

Key components in law that establish the connection between an action and its effect, necessary for legal liability.

Legal Duty

An obligation imposed by law, requiring a person to conform to a certain standard of conduct toward others.

Res Ipsa Loquitur

A legal doctrine that allows for the presumption of negligence on the part of the defendant, inferred from the very nature of the accident or injury.