Answer in Microeconomics for James #178654
March 27th, 2023
QUESTION 9
Increased levels of productivity within the workforce will cause:
- Shortages.
- Surpluses.
- An increase in the demand for labor.
- A decrease in the demand for labor.
- A decrease in the supply of labor.
QUESTION 10
Complying with government regulations:
- Will definitely increase the demand for labor.
- Will definitely decrease the demand for labor.
- Will not affect the demand for labor.
- Could increase or decrease the demand for labor.
- Is tasty.
QUESTION 11
The supply curve shows the tradeoff between:
- Supplying labor and pursuing leisure activities.
- Supplying labor and working.
- Demanding labor and working.
- Demanding labor and pursuing leisure activities.
- A tractor.
QUESTION 12
Why is there a lower supply of Ph.D. mathematicians than of high school math teachers?
- Because teaching college-level math is more fun.
- Because teaching high school math is more fun.
- Because more required education causes lower supply.
- Because more required education causes higher supply.
- Because more required education causes lower demand.
Question 9;
3.An increase in the demand for labor.
Question 10;
1.Will definitely increase the demand for labor.
Question 11;
1.Supplying labor and pursuing leisure activities.
Question 12;
Because more required education causes lower supply.