Examlex

Solved

​Figure 53

question 22

Multiple Choice

​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market. ​Figure 5.3. The figure shows the wage rate and the quantity of labor supplied in an unskilled labor market.   -Refer to figure 5.3. If people refuse to offer labor unless they receive a wage higher than the equilibrium wage​, then: A) ​there will be a shift in the equilibrium point. B) ​the quantity of labor demanded will increase from Q to Q<sub>II</sub>. C) ​the quantity of labor demanded will fall from Q to Q<sub>I</sub>. D) ​the wage rate will move up, from $6 to $8. E) ​the wage rate will fall from $6 to $4.
-Refer to figure 5.3. If people refuse to offer labor unless they receive a wage higher than the equilibrium wage​, then:


Definitions:

Functions of the Brain

The diverse processes and operations carried out by the brain, including thought, emotion, motion, and regulation of bodily functions.

Sensory Pathway

Nerves coming from the sensory organs to the CNS consisting of afferent neurons.

Afferent Neurons

Nerve cells that carry sensory information from the body's tissues and organs towards the central nervous system.

Efferent Neurons

Nerve cells that convey impulses away from the central nervous system to effectors, such as muscles or glands.

Related Questions