-The Above Figure Shows the Demand for Labor Curve for Workers

question 175

Multiple Choice

-The above figure shows the demand for labor curve for workers at a Pizza Hut in Canada.If the wage rate is $6 per hour,then the
i.quantity of workers Pizza Hut demands is 10 workers.
ii.Pizza Hut would have been willing to hire the 6th worker even if they had to pay $7 per hour rather than $6 per hour.
iii.value of the marginal product of the 10th worker is $6 per hour.

• A) i only
• B) ii only
• C) iii only
• D) i and iii
• E) i, ii, and iii

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Definitions:

Trait

A characteristic or quality that defines an individual and can influence their behavior or responses to various situations.

Temperament

The innate or genetically influenced aspect of an individual's personality, such as mood or emotional reactivity.

Ego

In psychoanalytic theory, it represents the part of the personality that mediates between the demands of the id, the superego, and reality.

Humanist

A person or scholar who focuses on the study of the humanities, emphasizing the value and agency of human beings.