Solved

In the Short Run, ________ Increases the Quantity of Labor

Question 93

Multiple Choice

In the short run, ________ increases the quantity of labor demanded by the firm.


A) a decrease in the price of the firm's output
B) an increase in the prices of other factors of production used by the firm
C) a technological advance that decreases the marginal product of labor
D) a decrease in the wage rate

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q88: When the price of the good or

Q89: -The preceding table</p></div><svg width=

Q90: An increase in the price of a

Q91: Which of the following would explain why

Q92: -The preceding table</p></div><svg width=

Q94: Because the value of marginal product diminishes

Q95: A firm's demand for labor curve
A) is

Q96: A fall in the price of a

Q97: If the price of a firm's output

Q98: Due to a recession, Hostess Bakeries found

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents