An Increase in the Cost of Training to Acquire a Skill,which

question 160

Multiple Choice

An increase in the cost of training to acquire a skill,which must be paid by the worker,will _____

• A)increase both the supply of and demand for labor in that market.
• B)decrease both the supply of and demand for labor in that market.
• C)increase the supply of labor and decrease the demand for labor in that market.
• D)decrease the supply of labor and increase the demand for labor in that market.
• E)decrease the supply of labor only in that market.

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Definitions:

Champions

Individuals within an organization who actively support, advocate for, and ensure the success of a project or innovation.

Converts

Individuals who have changed their beliefs, religion, or viewpoints to align with a different or new set of beliefs or practices.

Doubters

Individuals who are skeptical or have reservations about particular ideas, plans, or projects.

Defectors

People who abandon their allegiance, organization, or principles, often moving to an opposing side or withdrawing support.