A firm's demand for labor curve shifts when there is a change in
i.the supply of labor.
ii.population.
iii.the equilibrium wage rate.
A) i only
B) ii only
C) i and iii
D) i and ii
E) ii and iii

Question

Quizplus · Accepted Answer

A firm's demand for labor curve shifts due to changes in factors that affect the firm's production, such as population (which can affect the demand for the firm's products), but not directly due to changes in the supply of labor or the equilibrium wage rate.

A Firm's Demand for Labor Curve Shifts When There Is