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-The Short-Run Demand for Labor by a Firm Is Affected

Question 139

Multiple Choice

  -The short-run demand for labor by a firm is affected by the: A)  Law of Diminishing Returns. B)  behavior of the labor's marginal product as more workers are hired. C)  behavior of the firm's product price as more units of output are sold. D)  all of the above.
-The short-run demand for labor by a firm is affected by the:


A) Law of Diminishing Returns.
B) behavior of the labor's marginal product as more workers are hired.
C) behavior of the firm's product price as more units of output are sold.
D) all of the above.

Correct Answer:

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