Which of the following will decrease the market demand for labor,ceteris paribus?

Question

Quizplus · Accepted Answer

A decrease in the price of the product produced by labor would decrease the profitability of firms and lower their demand for labor. A decrease in immigration (option A) would likely increase the demand for labor by increasing the overall number of workers in the market. An increase in labor productivity (option B) would also likely increase the demand for labor as firms seek to benefit from increased efficiency. A decrease in the wage rate (option D) could potentially lower the cost of employing workers, but it could also result in lower worker motivation and skill development, potentially offsetting any positive impacts on demand.

Which of the Following Will Decrease the Market Demand for Labor,ceteris