Suppose There Is an Increase in the Supply of Labor

question 25

Multiple Choice

Suppose there is an increase in the supply of labor.This will cause the equilibrium wage to ,hours worked to ,and quantity of labor demanded to .

• A) decrease,decrease,increase
• B) decrease,increase,increase
• C) decrease,increase,decrease
• D) increase,decrease,increase
• E) increase,increase,decrease

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Definitions:

Sacrococcygeal

Pertaining to the sacrum and coccyx, the lower part of the spine consisting of the fused sacral vertebrae and the coccygeal bone.

Sac

a hollow, flexible structure resembling a bag or pouch, typically containing fluid or other substances.

Glycogen

A multibranched polysaccharide that serves as a form of energy storage in animals and fungi.

Glucose

A simple sugar that is an important energy source in living organisms and a component of many carbohydrates.