What Could Cause an Increase in a Perfectly Competitive Firm's

question 171

Multiple Choice

What could cause an increase in a perfectly competitive firm's demand for labour?

• A)A decrease in the market wage rate.
• B)An increase in the amount of human capital among the labour force.
• C)An increase in the supply of labour.
• D)A decrease in the market price of the product the firm produces.

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Definitions:

Bisexual

An individual who is attracted to both males and females.

Heterosexual

A sexual orientation characterized by a romantic or sexual attraction to members of the opposite sex.

Homosexual

Pertaining to a sexual orientation characterized by romantic or sexual attraction to individuals of the same sex.

Testosterone

A hormonal steroid crucial for the growth of male reproductive organs and secondary male traits.