Solved

A Decrease in the Price of Factors of Production That

Question 13

Multiple Choice

A decrease in the price of factors of production that are substitutes for labour shifts the labour


A) demand curve leftward.
B) demand curve rightward.
C) supply curve leftward.
D) supply curve rightward.
E) demand curve leftward and the labour supply curve leftward.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions