Which of the Following Causes a Surplus in the Labor

question 98

Multiple Choice

Which of the following causes a surplus in the labor market?

• A)A minimum wage rate
• B)Price discrimination
• C)Outsourcing
• D)The law of diminishing marginal productivity
• E)The backward-bending shape of the labor supply curve

---

Definitions:

Distribution

The process of sharing something among a number of recipients, or the way in which something is spread or allocated across a group or area.

Sharing of Power

The distribution of control, authority, or influence among multiple parties or individuals.

Leadership Effectiveness

The degree to which a leader achieves the desired outcomes or goals through their influence and direction.

Leadership Situation

The context or environment in which leadership occurs, including the tasks, challenges, relationships, and cultural factors that influence leadership processes and effectiveness.