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When All Other Influences on Firms' Hiring Plans Remain the Same,the

Question 80

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When all other influences on firms' hiring plans remain the same,the


A) lower the real wage rate,the greater is the quantity of labor supplied
B) higher the real wage rate,the greater is the quantity of labor demanded.
C) lower the real wage rate,the smaller is the quantity of labor demanded.
D) lower the real wage rate,the greater is the quantity of labor demanded.
E) None of the above answers is correct because firms' hiring decisions depend on how profitable hiring a worker is,which depends on how much added profit the worker can create.

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