menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 19: Markets for Factors of Production
  5. Question
    A Surplus of Workers Occurs
Solved

A Surplus of Workers Occurs

Question 171

Question 171

Multiple Choice

A surplus of workers occurs


A) when the wage rate exceeds the equilibrium wage rate.
B) when the wage rate is less than the equilibrium wage rate.
C) at the equilibrium wage rate.
D) whenever there is a shortage of goods.
E) whenever there is a surplus of goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q56: What tools can unions use to increase

Q166: Other things remaining the same,the<br>A) higher the

Q168: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" The table

Q170: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The table above

Q172: What is the effect on the supply

Q173: Sky High Camping offers overnight camping in

Q174: The value of the marginal product is

Q175: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1458/.jpg" alt=" -The above figure

Q176: If the marginal product of labor increases,the

Q352: Why does an increase in the minimum

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines