Which of the Following Is Not Correct

question 284

Multiple Choice

Which of the following is not correct?

• A)In a labor market, the wage adjusts to balance the supply and demand for labor.
• B)A profit-maximizing firm hires workers so long as the wage rate exceeds the value of the marginal product of labor.
• C)Any event that changes the supply or demand for labor must change the equilibrium wage.
• D)Any event that changes the supply or demand for labor must change the value of the marginal product.

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Definitions:

Flat Affect

A significant reduction in emotional expressiveness, where a person appears emotionally numb or unresponsive.

Schizophrenia

A brain disorder characterized by anomalies in thought patterns, sensory experiences, emotional responses, and social engagements.

Delusions

Fixed false beliefs that conflict with reality, despite evidence to the contrary, often a symptom of psychological disorders such as schizophrenia.

Flat Affect

A significant reduction in emotional expressiveness, including facial expressions, voice tone, or the lack of gestures, often associated with schizophrenia and some other psychiatric disorders.