Solved

An Increase in the Price of Capital Will

Question 131

Multiple Choice

An increase in the price of capital will


A) lead to an increase in the demand for labor.
B) lead to a decrease in the demand for labor.
C) lead to a substitution of more capital and less labor.
D) not affect the demand for labor.

Correct Answer:

verifed

Verified

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

Related Questions