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Figure 18-9 -Refer to Figure 18-9. If the Marginal Product of Labor

Question 328

Multiple Choice

Figure 18-9 Figure 18-9 -Refer to Figure 18-9. If the marginal product of labor falls and the price of apples remains unchanged, (i) the value of the marginal product of labor will fall. (ii) the quantity of labor demanded will increase above L1. (iii) the labor supply curve will remain unchanged. A) (i) and (ii) only B) (ii) and (iii) only C) (i) and (iii) only D) (i) , (ii) , and (iii)
-Refer to Figure 18-9. If the marginal product of labor falls and the price of apples remains unchanged, (i) the value of the marginal product of labor will fall.
(ii) the quantity of labor demanded will increase above L1.
(iii) the labor supply curve will remain unchanged.


A) (i) and (ii) only
B) (ii) and (iii) only
C) (i) and (iii) only
D) (i) , (ii) , and (iii)

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