Gambling Increases in Popularity,thus Increasing the Demand for Card Dealers

question 90

Multiple Choice

Gambling increases in popularity,thus increasing the demand for card dealers at casinos.This would be caused by which change in a determinant of labor demand?

• A) An increase in labor productivity
• B) An increase in product demand
• C) A decrease in the price of another resource
• D) An increase in the price of another resource

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Definitions:

Business Organization

A business organization is a legal and operational structure created to conduct commercial activities, such as corporations, partnerships, and sole proprietorships.

Liabilities

Financial obligations or debts that an entity owes to others, which must be settled over time through the transfer of assets or services.

Assets

Resources owned by a business that have economic value and can be converted into cash or provide future benefits.

Borrowing Money

Acquiring funds from a lender under the condition of returning the principal sum along with agreed interest, used by individuals or organizations to finance their needs.