Which of the following summarizes the impact of population growth on the labor market?
there will be an increase in both the demand for labor and the supply of labor. as a result, the equilibrium wage will not change.
there will be an increase in the demand for jobs. this will result in an increase in the equilibrium wage rate and a movement along the labor supply curve.
there will be an increase in the demand for labor. as a result, the wage rate will rise and the quantity of workers supplied will decrease.
this will increase the labor supply, reduce the equilibrium wage and increase the quantity of labor demanded.
Answers: 2
Business, 21.06.2019 23:30, rbriezz
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Answers: 3
Business, 22.06.2019 02:40, ashlynchristianson
Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.
Answers: 3
Business, 22.06.2019 11:00, smartie80
Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period
Answers: 1
Which of the following summarizes the impact of population growth on the labor market?
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