If There Is a Shortage of Farm Laborers,we Would Expect

question 60

Multiple Choice

If there is a shortage of farm laborers,we would expect

• A)the wage of farm laborers to increase.
• B)the wage of farm laborers to decrease.
• C)the price of farm commodities to decrease.
• D)a decrease in the demand for substitutes for farm labor.

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Definitions:

Dividends Per Share

The total dividends declared by a company for each share of its stock.

Accounts Receivable Turnover

A financial metric that measures how efficiently a company collects revenue from its credit customers, calculated by dividing net credit sales by average accounts receivable.

Days' Sales In Receivables

A financial ratio that measures the average number of days it takes for a company to collect payments from its credit sales.

Price-Earnings Ratio

A financial ratio that measures a company's share price relative to its earnings per share, indicating investor expectations of growth and profitability.