A Change in a Price of a Substitute Input for Labor

question 33

Multiple Choice

A change in a price of a substitute input for labor will cause

• A) a change in the demand for labor in the opposite direction of the price change.
• B) no change in the demand for labor.
• C) a change in the supply of labor in the opposite direction of the price change.
• D) a change in the demand for labor in the same direction of the price change.

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Definitions:

Electrical Activity

Refers to the movement of electrical charges or signals through neurons or other tissues in the body, playing a critical role in bodily functions and processes.

Brain

The organ located in the skull responsible for cognitive functions, emotions, and controlling the body's movements.

Magnetic Resonance Imaging

A medical imaging technique used to visualize detailed internal structures using strong magnetic fields and radio waves.

Three-Dimensional

Pertaining to or involving three dimensions (length, width, and height), giving an object or space a sense of depth.