Assuming all else equal,if firms expect the demand for their products to increase in the near future,________.
A) their labor demand curve will shift to the left
B) their labor supply curve will shift to the left
C) their labor demand curve will shift to the right
D) their labor supply curve will shift to the right

Question

Quizplus · Accepted Answer

If firms expect an increase in demand for their products, they will need to produce more goods and services. To meet this increased demand, firms will require more labor, so their labor demand curve will shift to the right.

Assuming All Else Equal,if Firms Expect the Demand for Their