Solved

Which of the Following Will Increase the Marginal Product of Labor

Question 7

Multiple Choice

Which of the following will increase the marginal product of labor in the labor market?


A) An increase in the price level and the money wage.
B) An increase in the real wage.
C) A decrease in the capital stock.
D) An increase in the supply of labor.

Correct Answer:

verifed

Verified

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

Related Questions