How does an increase in the adult population affect the labor market?
A) The demand for labor will become more inelastic.
B) The supply of labor will decrease.
C) The supply of labor will increase.
D) The demand for labor will decrease.
E) The demand for labor will increase.

Question

Quizplus · Accepted Answer

An increase in the adult population will lead to an increase in the supply of labor in the market. This is because as the population grows, there will be more people of working age and thus more individuals available to work.

How Does an Increase in the Adult Population Affect the Labor