If the supply of another input used decreases, the marginal product of labor can:
A) decrease, decreasing the supply of labor.
B) increase, increasing the demand for labor.
C) decrease, increasing the demand for labor.
D) increase, increasing the supply of labor.
Correct Answer:
Verified
Q105: Suppose that jeans dramatically decrease in popularity.
Q106: The graph shown displays a competitive market
Q107: Any event that increases the value of
Q108: Suppose a bakery purchases a machine that
Q109: If the current wage is below the
Q111: In a competitive labor market, if the
Q112: The determinants of labor demand include:
A)culture and
Q113: In a competitive labor market, if the
Q114: In a competitive labor market, if the
Q115: Any event that decreases the value of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents