menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 10
  4. Exam
    Exam 26: Factor Markets With Emphasis on the Labor Market
  5. Question
    A Decrease in the Wage Rate
Solved

A Decrease in the Wage Rate

Question 46

Question 46

Multiple Choice

A decrease in the wage rate


A) shifts the supply curve of labor rightward.
B) increases the quantity supplied of labor.
C) shifts the supply curve of labor leftward.
D) decreases the quantity supplied of labor.

Correct Answer:

verifed

Verified

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

Related Questions

Q41: As a firm buys more capital and

Q42: Suppose that all the necessary conditions exist

Q43: For a given labor market, an increase

Q44: Which of the following can bring about

Q45: Marginal factor cost (MFC) is<br>A)the additional cost

Q47: Suppose there are two labor markets, A

Q48: Employers use screening mechanisms, such as GPA,

Q49: A product price searcher (monopolist, oligopolist, or

Q50: Which of the following statements is false?<br>A)The

Q51: Which of the following statements is true?<br>A)Employers

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines