Multiple Choice
A decrease in the real wage would result in a
A) movement along the labour demand curve,causing an increase in the number of workers hired by the firm.
B) shift of the labour demand curve,causing an increase in the number of workers hired by the firm.
C) movement along the labour demand curve,causing a decrease in the number of workers hired by the firm.
D) shift of the labour demand curve,causing a decrease in the number of workers hired by the firm.
Correct Answer:
Verified
Correct Answer:
Verified
Q89: Suppose the country of Prescott has
Q90: Which market determines the real wage and
Q91: Which of the following represents a supply
Q92: Suppose oil prices fall temporarily as oil
Q93: The principle of the diminishing marginal productivity
Q95: The total factor productivity is<br>A)a measure of
Q96: Floods have just ravaged the countryside and
Q97: The mathematical expression relating the amount of
Q98: An increase in the real wage would
Q99: Firms hire labour at the point where<br>A)the