Multiple Choice
Figure 18-4

-Refer to Figure 18-4.Assume W₁ = $20 and W₂ = $22 and the market is always in equilibrium.Then the shift of the labor demand curve from D₁ to D₂
A) increases the value of the marginal product of labor by $2.
B) increases the value of the marginal product of labor by less than $2.
C) decreases the value of the marginal product of labor by more than $2.
D) does not change the value of the marginal product of labor.
Correct Answer:
Verified
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