menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Micreoconomics Private and Public Choice
  4. Exam
    Exam 12: The Supply of and Demand for Productive Resources
  5. Question
    The Derived Demand And, Consequently, the Demand Curve for Labor
Solved

The Derived Demand And, Consequently, the Demand Curve for Labor

Question 50

Question 50

Multiple Choice

The derived demand and, consequently, the demand curve for labor are determined by


A) labor's wage.
B) labor's marginal revenue.
C) the marginal cost of the input labor.
D) labor's marginal revenue product.

Correct Answer:

verifed

Verified

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

Related Questions

Q46: Use the figure to answer the following

Q47: Table 12-5<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TBX9057/.jpg" alt="Table 12-5

Q48: If businesses found that changing economic conditions

Q53: The demand for accountants is a result

Q54: Marginal revenue product is the<br>A) additional revenue

Q55: Use the information given in the table

Q117: If a firm is using a resource

Q118: The supply curve of a human resource

Q142: The demand for a factor of production

Q151: Which of the following scenarios would serve

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