The "law of supply" functions in labor markets; that is, a higher for labor leads to a higher quantity of labor supplied.

Price

Step-by-step explanation:

The law of supply is a principle of economics that explains that there is a direct relationship between the price and the quantity supplied.

As the price of the product decreases, its supply decreases and as the price increases, supply also increases.

In the given question,

as the price of labor increases, the supply of labor also increases.

So, The "law of supply" functions in labor markets; that is, a higher price for labor leads to a higher quantity of labor supplied.

answer: finding the extract measurements and knowing the points

step-by-step explanation:

c. y = 1/4 x + 5

step-by-step explanation:

first, put the equation of the line on the graph into slope-intercept form

(y = mx + b):   y = -4x + 8

second, a perpendicular line has to have "an opposite/reciprocal slope" to the original slope. so, find the "m" value in your original equation (it's -4, right? )

original slope: m = -4   perpendicular slope: change the sign to its opposite and find the reciprocal ("flip" the number)

new slope is now positive (b/c the original slope was negative 4), and it's 1/4 (not the original slope of 4 or 4/1)