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If the Demand for Labor Decreases and the Supply of Labor

question 200

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If the demand for labor decreases and the supply of labor is unchanged, then the opportunity cost of leisure will decrease.


Definitions:

Nucleophile

A chemical entity that provides a pair of electrons to an electrophile, thus creating a chemical bond during a reaction.

NaCN

Sodium cyanide, a highly toxic chemical compound used in the extraction of gold and silver from mineral ores.

Bromides

Ionic compounds that contain a bromine ion (Br-) combined with another element or radical.

Reactivity

A measure of how readily a substance undergoes a chemical reaction with other substances.

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