Which of the following events could decrease the demand for labor?

Question

Quizplus · Accepted Answer

A decrease in demand for the final product produced by labor would mean that firms are producing less or are less profitable, and therefore are likely to reduce their demand for labor. An increase in migrant workers or a decrease in the labor supply could affect the supply of labor, but not the demand for labor. An increase in the marginal productivity of workers would increase the demand for labor.

Which of the Following Events Could Decrease the Demand for Labor