The Figures Given Below Show the Demand (D)and Supply (S)

question 58

Multiple Choice

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-Which of the following is a major impact of offshoring?

• A)Elimination of domestic jobs
• B)Elimination of jobs in foreign countries
• C)Creation of jobs in the domestic country
• D)An increase in the cost of production of domestic firms
• E)A reduction in the cost of production of foreign firms

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Definitions:

Craik and Lockhart

Psychologists who developed the Levels of Processing model of memory, which suggests that memory retention depends on the depth of processing.

Levels-of-processing Model

A theory suggesting that the depth (shallow to deep) of mental processing affects memory recall, with deeper processing leading to better retention.

Graduated System

A system that progresses in stages, levels, or degrees, often used in educational, professional, or rehabilitation contexts.

Three-level System

A model or system that is divided into three distinct levels, often used in various scientific and organizational contexts to simplify complex structures or processes.