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.Management Sciences
A. higher real wages
B. lower fixed costs of working
C. lower non-labour income
D. changes in tastes between leisure and work
E. all of the above
Related Mcqs:
- The substitution effect of a rise in the price of labour will ____ the quantity of labour and the output, effect will ____ it
- A. increase; increase B. increase; reduce C. reduce; reduce D. reduce; increase...
- The downward sloping marginal physical product of labor is the firm’s ?
- A. Supply of labor B. Short-run demand curve for labor C. marginal cost of labour marginal revenue product of labor...
- Involuntary unemployment exists if workers ?
- A. will not work at the offered wage B. would work at the going wage but can’t find jobs C. will not work because the hours are anti-social D. Are not prepared to move house to get the job...
- Skilled labor is relatively scarce because ?
- A. there are too few teachers B. too few student places in higher education C. it is costly to acquire human capital D. teachers’ salaries are too low...
- According to the human capital view of education ?
- A. has no impact on the human capital of workers? B. increases human capital and the wages of workers C. can make any worker into a superstar D. only helps firms sort workers into high ability and low-ability workers....
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