Multiple Choice
In the labor market,
A) households demand labor.
B) firms demand labor.
C) firms supply labor.
D) wage are determined only by firms alone.
E) None of the above answers is correct.
Correct Answer:
Verified
Related Questions
Q13: The value of the marginal product is
Q14: Which of the following represents a derived
Q15: Which of the following is NOT a
Q16: The demand for a resource is derived
Q17: The demand for a factor of production
Q19: The demand for carpenters needed to build
Q20: The four factors of production that produce
