Which of the following will not cause the demand curve for labour to shift?
A) an increase in the productivity of the workers
B) a decrease in the demand for the final product
C) an increase in the price of a substitute resource
D) a decrease in the wage rate
Correct Answer:
Verified
Q3: The value of the marginal product is
Q4: As more workers are hired by the
Q5: The marginal revenue product is determined by:
A)
Q6: In perfect competition, a firm interested in
Q7: The firm's demand curve for a specific
Q9: The demand curve for a specific occupation
Q10: A decline in the price of robots
Q11: The quantity of labour supplied to an
Q12: The marginal resource cost is:
A) always equal
Q13: A profit-maximizing firm will hire the number
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents