Figure 18-10
-Refer to Figure 18-10. Which of the following would shift of the labor demand curve from D1 to D2?

Question

Figure 18-10 
-Refer to Figure 18-10. Which of the following would shift of the labor demand curve from D1 to D2?

Quizplus · Accepted Answer

Only an increase in the price of firms' output would lead to a shift of the labor demand curve from D1 to D2. A change in workers' attitudes toward the work-leisure tradeoff or decreases in wages in other labor markets might affect the quantity of labor demanded at a given wage, but they would not shift the entire demand curve.

Figure 18-10 -Refer to Figure 18-10. Which of the Following Would Shift