An outward shift in the labor demand curve implies that
A) employers are now looking to hire more workers at any given wage.
B) employers are now looking to hire fewer workers if the wage decreases.
C) employers are now looking to hire fewer workers regardless of the wage.
D) demand for the firm's output likely fell.
E) a greater number of workers are now more willing to work at any given wage.

Question

Quizplus · Accepted Answer

An outward shift in the labor demand curve indicates that employers are willing to hire more workers at any given wage, often due to increased production needs or expansion of the business.

An Outward Shift in the Labor Demand Curve Implies That