Which of the Following Is Not a Cause of Frictional

question 2

Multiple Choice

Which of the following is not a cause of frictional unemployment?

• A)the destruction of manufacturing jobs
• B)a worker leaving a job to find one with better benefits
• C)minimum-wage laws
• D)unemployment insurance

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Definitions:

Production Function

Describes the technological relationship between the quantity of inputs used and the quantity of output produced.

Production Function

An equation that describes the maximum amount of output that can be produced with a given set of inputs.

Profit Maximization

A strategy employed by businesses to find the price and production levels that maximize profits.

Production Function

A mathematical representation that describes the relationship between inputs used in production and the output of goods or services.