Multiple Choice
Which of the following will cause a firm's factor demand curve to shift to the left?
A) a decrease in factor costs
B) an increase in factor costs
C) a decrease in marginal physical product
D) an increase in marginal physical product
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q164: For a given firm, marginal factor cost
Q165: The supply of labor in a particular
Q166: Applying the least-cost rule to two factors,
Q167: For a product price taker, VMP equals
Q168: If there are two factors used in
Q170: The additional revenue generated by a firm
Q171: Which of the following can change the
Q172: A firm that is a price taker
Q173: Marginal productivity theory states that if a
Q174: Most economists believe that the supply curve