Labour with a Particular Skill Level and Training Is Used

question 144

Multiple Choice

Labour with a particular skill level and training is used in only two industries: grape cultivation and cranberry cultivation.Which occurrence is likely to cause an INCREASE in the demand for this type of labour?

• A) improved technology that leads to more efficient machines for grape picking
• B) publication of a report asserting that drinking two glasses of grape or cranberry juice every day improves digestion and heart health
• C) a report by the Agriculture Canada that an increasing proportion of grapes are contaminated with unacceptable pesticides
• D) a decrease in the land size of cranberry bogs

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Definitions:

Labor

The involvement of human physical exertion and cognitive efforts in the manufacture of goods and services.

Interest Rate

The percentage charged on borrowed money or paid on invested capital, representing the cost of borrowing or the gain on investing.

Garden Gnomes

Decorative figurines, typically of small humanoid creatures, placed in gardens or lawns.

Demand Curve

A visual depiction showing how the quantity demanded of a good correlates with its price, usually showing a decline in demand as prices increase.