Multiple Choice
Which of the following will not shift the demand curve for labor?
A) the use of a larger stock of capital with the labor force
B) a change in the wage rate
C) an increase in the price of the product that labor is helping to produce
D) the adoption of a more efficient method of combining labor and capital in the production process
Correct Answer:

Verified
Correct Answer:
Verified
Q5: A profit-maximizing firm employs resources to the
Q8: A purely competitive firm in the
Q9: As the baby boomers in America grow
Q11: If the price of a resource is
Q12: A firm is hiring resources X,
Q13: The "least-cost combination of resources" to produce
Q14: Other things being equal, how would the
Q15: A profit-maximizing firm will use additional units
Q100: If MRP of labor < wage rate,
Q177: The marginal revenue product of labor is