If the Demand for Labour Is Unchanged, an Increase in the Supply

question 213

Multiple Choice

If the demand for labour is unchanged, an increase in the supply of labour will lead to

• A)a decrease in the quantity of labour demanded and a decrease in the equilibrium wage.
• B)an increase in the quantity of labour demanded and a decrease in the equilibrium wage.
• C)an increase in the quantity of labour demanded and an increase in the equilibrium wage.
• D)a decrease in the quantity of labour demanded and an increase in the equilibrium wage.

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Definitions:

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination, creating a chain of migration from the same place.

Narcissistic

Pertaining to a personality trait or disorder characterized by an excessive preoccupation with oneself and a lack of empathy for others.

Attachments

Emotional bonds between individuals, such as those between parents and children, that play a crucial role in personal development.

Chain Migration

A social process by which immigrants from a particular town or region follow others from that area to a specific destination or country.