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:

Flavor Aversion

The learned avoidance of a particular flavor or food due to a negative experience, such as illness, associated with that specific taste.

Long-Delay Learning

The association of a flavor with an illness or positive nutritional consequences that occurred even several hours after the flavor was consumed.

Species-Specific Defense

The predetermined, instinctive behaviors exhibited by animals of a particular species when threatened, reflecting survival mechanisms evolved over time.

Reactions

Responses of an organism to internal or external stimuli.