Which of the following factors will cause the demand curve for labor to shift to the right? (a) the demand for the product by labor declines. (b) the prices of substitute inputs fall. (c) the productivity of labor increases. (d) the wage rate declines. (e) None of the above.
Which of the following factors will cause the demand curve for labor to shift to the right? (a) the demand for the product by labor declines. (b) the prices of substitute inputs fall. (c) the productivity of labor increases. (d) the wage rate declines. (e) None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Which of the following factors will cause the
(a) the demand for the product by labor declines.
(b) the prices of substitute inputs fall.
(c) the productivity of labor increases.
(d) the wage rate declines.
(e) None of the above.
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