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The Graphs Below Depict the Production Function and Labor Market

Question 167

Multiple Choice

The graphs below depict the production function and labor market for an imaginary economy. The economy is, initially, at points x and X.
The graphs below depict the production function and labor market for an imaginary economy. The economy is, initially, at points x and X.    Figure 1 Figure 2 -An increase in labor productivity shifts the labor curve . A)  supply; leftward B)  demand; leftward C)  supply; rightward D)  demand; rightward Figure 1 Figure 2
-An increase in labor productivity shifts the labor curve .


A) supply; leftward
B) demand; leftward
C) supply; rightward
D) demand; rightward

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