Multiple Choice
There will be an increase in the factor demand because of a(n) :
A) increase in the price of the factor.
B) increase in the price of the good the factor produces.
C) decrease in the price of the factor.
D) decrease in the price of the good the factor produces.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q8: Large disparities in wages are often used
Q29: A profit-maximizing firm will base its decision
Q63: The demand for factors of production is
Q140: As stock prices rise and workers' wealth
Q142: If a union is able to bargain
Q146: (Table: Workers and Corn Output) Laura is
Q147: The more work a person does, all
Q148: The importance of human capital has been
Q149: Assume that Stan just received a promotion
Q150: (Table: Value of the Marginal Product of