The market supply of labor depends on the:
A) Number of employers.
B) Marginal revenue product of labor.
C) Price of the product being produced.
D) Number of available workers.
Correct Answer:
Verified
Q19: A higher wage rate causes:
A) A shift
Q20: The opportunity cost of working is the:
A)
Q21: The marginal revenue product of labor curve
Q22: Ceteris paribus,if the cost of daycare increases
Q23: If consumers want to increase the wages
Q25: The marginal revenue product curve and marginal
Q26: Which of the following does not affect
Q27: Other things being equal,higher wage rates will:
A)
Q28: The labor demand curve slopes _ to
Q29: A firm's demand for labor is referred
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