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The Following Figure Shows Wage Versus Labor Demand

Question 116

Multiple Choice

The following figure shows wage versus labor demand.
The following figure shows wage versus labor demand.    -Refer to the figure above.The shift from the labor supply curve to the new labor supply curve could be caused by ________. A)  an increase in the marginal productivity of labor B)  a decrease in the marginal productivity of labor C)  an increase in the opportunity cost of working D)  a decrease in the opportunity cost of working
-Refer to the figure above.The shift from the labor supply curve to the new labor supply curve could be caused by ________.


A) an increase in the marginal productivity of labor
B) a decrease in the marginal productivity of labor
C) an increase in the opportunity cost of working
D) a decrease in the opportunity cost of working

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