If labor is a regressive factor,then a firm's long-run demand for labor may or may not be downward sloping.

Question

Quizplus · Accepted Answer

Labor being a "regressive factor" is not a standard economic term, but assuming the question implies labor costs or productivity, the long-run demand for labor in economics is typically downward sloping due to diminishing returns. As wages increase, firms tend to substitute labor with capital or other inputs, reducing demand for labor.

If Labor Is a Regressive Factor,then a Firm's Long-Run Demand