Solved

Which of the Following Will Increase the Wage Rate

Question 363

Multiple Choice

Which of the following will increase the wage rate?


A) an increase in the adult population
B) an increase in the retirement age
C) an improvement in technology that increases the marginal product of labor
D) Both answers A and B are correct.

Correct Answer:

verifed

Verified

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

Related Questions

Q358: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above

Q359: New technology<br>A) definitely increases a firm's demand

Q360: The demand for a good or service

Q361: A professional tennis player enters fewer tournaments

Q362: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the table

Q364: If a firm finds that the wage

Q365: Jose owns a local coffee shop. When

Q366: A worker supplies labor to the market

Q367: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Hank's Propane Storage

Q368: A rise in the minimum wage increases