According to Business Observers, Which of the Following Is a Reason

question 140

Multiple Choice

According to business observers, which of the following is a reason for labor's decline?

• A) Shifts from service to manufacturing industries
• B) Decline in part-time work
• C) Labor's success in seeing issues it championed become law
• D) Increased local competition

---

Definitions:

Pizzas

A popular dish of Italian origin consisting of a usually round, flat base of leavened wheat-based dough topped with tomatoes, cheese, and often various other ingredients baked at a high temperature.

Production Possibilities Frontier

represents the maximum combination of goods and services that can be produced in an economy, given its resources and technology level.

Bowed Outward

Describes the shape of a production possibility frontier that reflects increasing opportunity costs as more of one good is produced.

Coats

Garments worn on the upper body, typically extending below the hips, designed for warmth or fashion.