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

question 220

Multiple Choice

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

• A)increase the equilibrium wage and decrease the number of workers employed.
• B)increase the equilibrium wage and increase the quantity of jobs demanded.
• C)decrease the equilibrium wage and increase the number of workers employed.
• D)increase the equilibrium wage and increase the number of workers employed.

---

Definitions:

Incompatible Goals

Situations in which the aims or objectives of two or more parties are at odds, creating a potential conflict.

Perception of Interference

Perception of Interference is the recognition or belief that an external force or entity is disrupting or negatively impacting one's goals, activities, or well-being.

Psychoactive Drugs

Substances that affect the mind, behavior, or perception, including both legal (prescription medications) and illegal drugs.

Abuse And Addiction

Harmful patterns of substance use or behaviors that lead to significant impairment or distress.