Multiple Choice
The following figure shows wage versus labor demand.
-Refer to the figure above.The shift from the labor supply curve to the new labor supply curve could be caused by ________.
A) an increase in the marginal productivity of labor
B) a decrease in the marginal productivity of labor
C) an increase in the opportunity cost of working
D) a decrease in the opportunity cost of working
Correct Answer:
Verified
Correct Answer:
Verified
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