Multiple Choice
The demand curve for labour will shift rightward as a result of
A) a decrease in the price of the firm's output.
B) an increase in the wage rate.
C) a decrease in the price of a substitute factor of production.
D) an increase in the price of a substitute factor of production.
E) a decrease in the wage rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q103: Use the figure below to answer the
Q104: The supply of a nonrenewable natural resource
Q105: During the past year,Teddy had a part-time
Q106: The four factors of production are<br>A)productive factors,neutral
Q107: Use the figure below to answer the
Q109: To maximize profit,a firm hires labour until<br>A)there
Q110: If the market for a nonrenewable natural
Q111: Use the table below to answer the
Q112: Suppose a profit-maximizing firm hires labour in
Q113: Given that r is the rate of