Which of the following is not held constant along a demand curve for labor by a firm?
A)the firm's technology of production
B)the price of the firm's output
C)the marginal product of labor for the firm
D)the price of substitutes for the firm's output

Question

Which of the following is not held constant along a demand curve for labor by a firm?
A)the firm's technology of production 
B)the price of the firm's output 
C)the marginal product of labor for the firm 
D)the price of substitutes for the firm's output

Quizplus · Accepted Answer

The marginal product of labor changes as more labor is employed, which affects the demand for labor.

Which of the Following Is Not Held Constant Along a Demand