The correct answer is Labor Supply
Explanation: The Labor Supply curve shows the quantity of labor supplied at different wage rates. Its shape depends on how households react to changes in the wage rate.
A newspaper office runs smoothly because each employee has a specific job that leads to newspapers being printed and distributed. emile durkheim would call this organic solidarity.
Organic solidarity is based on the premise that individuals can collectively mix and live together in society. It is contrasted by mechanical solidarity, which often refers to pre-industrialized social settings, whereby communities were mostly isolated and had homogeneous social traits.
Émile Durkheim's Organic Solidarity is a theory that explains how we work together, we divide work and how this causes us to depend on each other. An example is when in a school sale some are responsible for making the product, perhaps cupcakes, others to buy the ingredients to make them, other students sell them and others charge them. To do the job completely, we must depend on others and work in solidarity.
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The correct answer is: "Purchasing Power Parity"
The theory of the Purchasing Power Parity is used to compare the cost of life and living standards between two countries that use two different currencies. This is done by comparing two curriencies through a basket of goods, by comparing their market prices and, therefore, how they are valued under each currency. This enables to conclude how much of each currency you need to purchase an specific product (a bike) and hence, the purchasing power of consumers who hold that currency.
