The derived demand for labor is determined by
A) labor's wage.
B) labor's marginal revenue.
C) the marginal cost of the input labor.
D) labor's marginal revenue product.
Correct Answer:
Verified
Q132: The labor demand curve slopes down because
A)fewer
Q133: The demand for labor is derived from
Q134: Statistical studies in the United States have
Q135: The demand for labor is a derived
Q136: The income effect of a wage increase
Q138: Which of the following would cause a
Q139: Increased productivity of workers in manufacturing has
A)increased
Q140: Given a fixed amount of time, a
Q141: The price of leisure is the
A)wage rate.
B)interest
Q142: Statistical studies in the United States have
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