An Increase in the Supply of Capital, Which Is a Complement

question 87

Multiple Choice

An increase in the supply of capital, which is a complement to labour, will lead to

• A) a decrease in the quantity of labour demanded.
• B) an increase in the demand for labour.
• C) a decrease in the demand for labour.
• D) an increase in the quantity of labour demanded.

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Definitions:

Compound

A substance formed from two or more elements chemically united in fixed proportions, or a complex entity composed of several parts.

Atomic

In the context of logic, atomic refers to propositions that cannot be broken down into simpler components, functioning as the basic, indivisible units of meaning.

Symbolize

To represent or stand for something else, especially through symbols or symbolic actions.

Quantifier

A logical term that specifies the quantity of specimens in the domain of discourse that satisfy a conditional statement.