The Demand for Labor Curve Is

question 208

Multiple Choice

The demand for labor curve is

• A)a vertical line because firms have to hire labor.
• B)upward sloping,showing that as the real wage rate increases,more workers are hired.
• C)a horizontal line because we assume that the real wage rate is fixed.
• D)downward sloping,showing that the quantity of labor demanded increases when the real wage falls.
• E)U-shaped.

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Definitions:

Operant Conditioning

An instructional process wherein the forcefulness of a behaviour is changed by the application of incentives or deterrents.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Unconditioned Response

An automatic, innate reaction to a stimulus that occurs without prior learning or conditioning.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, now elicits a conditioned response.