Which of the Following May Shift the Labor Supply Curve

question 233

Multiple Choice

Which of the following may shift the labor supply curve?

• A) an increase in worker productivity
• B) a decrease in the value people place on their time
• C) an increase in the price of the output of the firm
• D) an increase in the corporate tax rate

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Definitions:

Offering Price

The price at which shares of a company are made available for sale to the public during an initial public offering (IPO) or secondary offering.

Market Price

The current financial value at which an asset or service can be acquired or disposed of in the market.

Ownership Position

The stake or interest that a person or entity has in an asset.

Shares Outstanding

The total number of shares that are currently owned by all shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.