Multiple Choice
What does a decrease in the wage rate cause?
A) an increase in the quantity of labour demanded.
B) a rightward shift of the firm's labour demand curve.
C) a leftward shift of the firm's labour demand curve.
D) a decrease in labour's productivity.
Correct Answer:
Verified
Related Questions
Q28: Let MP = marginal product, P =
Q29: Suppose a competitive firm pays a wage
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